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$3,621 (target)

9674 Old Highway 76, Morganton, GA 30560

3 beds • 2 baths • 1581 sqft

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This property could be a profitable Mid-Term investment with a projected 12.06% first-year return on $79,215 initial cash invested.

12.06%

Cash On Cash

9.66%

Cap Rate

1.67

DSCR

$3,621

Rent

$796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,621 income − $2,825 expenses = $796 cash flow

Income$3,621Mortgage P&I$1,40639%Property Taxes$822%Insurance$1053%Management$43512%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39811%Cash Flow$796

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,215

Downpayment

20%

$58,300

Closing costs

1%

$2,915

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,621

Total Expenses

$2,825

Mortgage P&I

39%

$1,406

Property Taxes

2%

$82

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$398

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