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$2,978 (target)

7 Casey Rd, Newnan, GA 30263

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $80,370 initial cash invested.

2.11%

Cash On Cash

7.08%

Cap Rate

1.17

DSCR

$2,978

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $2,837 expenses = $141 cash flow

Income$2,978Mortgage P&I$1,49250%Property Taxes$2288%Insurance$1054%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$141

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,370

Downpayment

20%

$59,400

Closing costs

1%

$2,970

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$2,837

Mortgage P&I

50%

$1,492

Property Taxes

8%

$228

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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