REI Lense

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$2,253 (target)

101 Wedgewood Walk, Griffin, GA 30223

3 beds • 2 baths • 1156 sqft

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This property might be a fair Mid-Term investment with a projected 5.76% first-year return on $55,842 initial cash invested.

5.76%

Cash On Cash

8.73%

Cap Rate

1.38

DSCR

$2,253

Rent

$268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,253 income − $1,985 expenses = $268 cash flow

Income$2,253Mortgage P&I$95342%Property Taxes$2019%Insurance$653%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$268

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,842

Downpayment

20%

$36,040

Closing costs

1%

$1,802

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,253

Total Expenses

$1,985

Mortgage P&I

42%

$953

Property Taxes

9%

$201

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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