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$2,798 (target)

6641 Londonderry Dr, Morrow, GA 30260

3 beds • 2 baths • 2372 sqft

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This property might be a fair Mid-Term investment with a projected 7.94% first-year return on $64,851 initial cash invested.

7.94%

Cash On Cash

9.34%

Cap Rate

1.45

DSCR

$2,798

Rent

$429

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $2,369 expenses = $429 cash flow

Income$2,798Mortgage P&I$1,19543%Property Taxes$1435%Insurance$793%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$429

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,851

Downpayment

20%

$44,620

Closing costs

1%

$2,231

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$2,369

Mortgage P&I

43%

$1,195

Property Taxes

5%

$143

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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