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$2,211 (target)

719 9th Ave, Thomaston, GA 30286

3 beds • 2 baths • 1343 sqft

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This property might be a fair Mid-Term investment with a projected 3.56% first-year return on $62,079 initial cash invested.

3.56%

Cash On Cash

7.92%

Cap Rate

1.24

DSCR

$2,211

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,211 income − $2,027 expenses = $184 cash flow

Income$2,211Mortgage P&I$1,11350%Property Taxes$904%Insurance$743%Management$26512%CapEx$884%Vacancy$663%Maintenance$884%Other$24311%Cash Flow$184

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,211

Total Expenses

$2,027

Mortgage P&I

50%

$1,113

Property Taxes

4%

$90

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

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