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$3,021 (target)

7 Oak Ridge Circle, Rincon, GA 31326

3 beds • 2 baths • 1432 sqft

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This property might be a fair Mid-Term investment with a projected 7.02% first-year return on $71,151 initial cash invested.

7.02%

Cash On Cash

8.7%

Cap Rate

1.41

DSCR

$3,021

Rent

$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,021 income − $2,605 expenses = $416 cash flow

Income$3,021Mortgage P&I$1,29943%Property Taxes$1876%Insurance$913%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$416

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,151

Downpayment

20%

$50,620

Closing costs

1%

$2,531

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,021

Total Expenses

$2,605

Mortgage P&I

43%

$1,299

Property Taxes

6%

$187

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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