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73 E Martin Luther King Jr Ave, Lakeland, GA 31635
4 beds • 2 baths • 1317 sqft
$135,100
View on ZillowThis property might be a fair Long-Term investment with a projected 6.05% first-year return on $28,371 initial cash invested.
6.05%
Cash On Cash
7.76%
Cap Rate
1.31
DSCR
$1,283
Rent
$143
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,283 income − $1,140 expenses = $143 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,371
Downpayment
20%
$27,020
Closing costs
1%
$1,351
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,283
Total Expenses
$1,140
Mortgage P&I
52%
$667
Property Taxes
8%
$105
Home Insurance
3%
$35
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0