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73 E Martin Luther King Jr Ave, Lakeland, GA 31635
4 beds • 2 baths • 1328 sqft
$159,900
View on ZillowThis property might be a fair Long-Term investment with a projected 5.04% first-year return on $33,579 initial cash invested.
5.04%
Cash On Cash
8.29%
Cap Rate
1.25
DSCR
$1,602
Rent
$141
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,602 income − $1,461 expenses = $141 cash flow
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,602
Total Expenses
$1,461
Mortgage P&I
55%
$884
Property Taxes
7%
$105
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0