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$2,648 (target)

85 Goldfinch Dr, Covington, GA 30016

3 beds • 2 baths • 1372 sqft

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This property might be a fair Mid-Term investment with a projected 2.31% first-year return on $72,264 initial cash invested.

2.31%

Cash On Cash

7.13%

Cap Rate

1.19

DSCR

$2,648

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,648 income − $2,509 expenses = $139 cash flow

Income$2,648Mortgage P&I$1,29149%Property Taxes$2228%Insurance$964%Management$31812%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$139

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,648

Total Expenses

$2,509

Mortgage P&I

49%

$1,291

Property Taxes

8%

$222

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$318

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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