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680 Elmer Thrift Rd, Waycross, GA 31503

3 beds • 2 baths • 1456 sqft

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This property might be a fair Long-Term investment with a projected 5.91% first-year return on $24,150 initial cash invested.

5.91%

Cash On Cash

8.22%

Cap Rate

1.29

DSCR

$1,170

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,170 income − $1,051 expenses = $119 cash flow

Income$1,170Mortgage P&I$61152%Property Taxes$978%Insurance$403%Management$11710%CapEx$585%Vacancy$706%Maintenance$585%Cash Flow$119

Investment Breakdown

|

Purchase Price

$115k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,170

Total Expenses

$1,051

Mortgage P&I

52%

$611

Property Taxes

8%

$97

Home Insurance

3%

$40

HOA

0%

$0

Property Management

10%

$117

CapEx

5%

$58

Vacancy

6%

$70

Maintenance

5%

$58

Other

0%

$0

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