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$3,354 (target)

70 Parkside Drive, Richmond Hill, GA 31324

3 beds • 2 baths • 1536 sqft

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This property might be a fair Mid-Term investment with a projected 0.68% first-year return on $88,287 initial cash invested.

0.68%

Cash On Cash

7.03%

Cap Rate

1.1

DSCR

$3,354

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $3,304 expenses = $50 cash flow

Income$3,354Mortgage P&I$1,77653%Property Taxes$2698%Insurance$1194%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$50

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,287

Downpayment

20%

$66,940

Closing costs

1%

$3,347

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,354

Total Expenses

$3,304

Mortgage P&I

53%

$1,776

Property Taxes

8%

$269

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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