REI Lense

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$944 (target)

1029 Clark Ave, Albany, GA 31705

3 beds • 1 baths • 1008 sqft

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This property could be a profitable Long-Term investment with a projected 60.72% first-year return on $8,379 initial cash invested.

60.72%

Cash On Cash

20.45%

Cap Rate

3.25

DSCR

$944

Rent

$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$944 income − $520 expenses = $424 cash flow

Income$944Mortgage P&I$20922%Property Taxes$526%Insurance$141%Management$9410%CapEx$475%Vacancy$576%Maintenance$475%Cash Flow$424

Investment Breakdown

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Purchase Price

$39,900

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$8,379

Downpayment

20%

$7,980

Closing costs

1%

$399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$944

Total Expenses

$520

Mortgage P&I

22%

$209

Property Taxes

6%

$52

Home Insurance

1%

$14

HOA

0%

$0

Property Management

10%

$94

CapEx

5%

$47

Vacancy

6%

$57

Maintenance

5%

$47

Other

0%

$0

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