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$2,586 (target)

757 Melissa Dr, Hinesville, GA 31313

3 beds • 2 baths • 1296 sqft

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This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $61,953 initial cash invested.

4.07%

Cash On Cash

8.16%

Cap Rate

1.28

DSCR

$2,586

Rent

$210

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,586 income − $2,376 expenses = $210 cash flow

Income$2,586Mortgage P&I$1,11043%Property Taxes$31412%Insurance$743%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%Cash Flow$210

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,953

Downpayment

20%

$41,860

Closing costs

1%

$2,093

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$2,376

Mortgage P&I

43%

$1,110

Property Taxes

12%

$314

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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