REI Lense

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$1,714 (target)

1020 Flat Rock Rd, Madison, GA 30650

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $61,740 initial cash invested.

-8.92%

Cash On Cash

4.61%

Cap Rate

0.75

DSCR

$1,714

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,714 income − $2,173 expenses = $459 out of pocket

Income$1,714Out of Pocket$459Mortgage P&I$1,50388%Property Taxes$1197%Insurance$1056%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,714

Total Expenses

$2,173

Mortgage P&I

88%

$1,503

Property Taxes

7%

$119

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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