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$1,795 (target)

94 W Thigpen Ave, Lakeland, GA 31635

3 beds • 2 baths • 2404 sqft

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This property could be a profitable Long-Term investment with a projected 12.91% first-year return on $29,925 initial cash invested.

12.91%

Cash On Cash

10.02%

Cap Rate

1.53

DSCR

$1,795

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,795 income − $1,473 expenses = $322 cash flow

Income$1,795Mortgage P&I$77843%Property Taxes$17710%Insurance$503%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$322

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,925

Downpayment

20%

$28,500

Closing costs

1%

$1,425

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,795

Total Expenses

$1,473

Mortgage P&I

43%

$778

Property Taxes

10%

$177

Home Insurance

3%

$50

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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