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$2,464 (target)

6556 Wendell Cir, Morrow, GA 30260

3 beds • 2 baths • 1968 sqft

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This property might be a fair Mid-Term investment with a projected 1.44% first-year return on $67,623 initial cash invested.

1.44%

Cash On Cash

7.32%

Cap Rate

1.14

DSCR

$2,464

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,464 income − $2,383 expenses = $81 cash flow

Income$2,464Mortgage P&I$1,26251%Property Taxes$2008%Insurance$823%Management$29612%CapEx$994%Vacancy$743%Maintenance$994%Other$27111%Cash Flow$81

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,623

Downpayment

20%

$47,260

Closing costs

1%

$2,363

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,464

Total Expenses

$2,383

Mortgage P&I

51%

$1,262

Property Taxes

8%

$200

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$296

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$271

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