REI Lense

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$2,228 (target)

1038 Stringer Rd, Rockmart, GA 30153

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Mid-Term investment with a projected -5.16% first-year return on $83,730 initial cash invested.

-5.16%

Cash On Cash

4.92%

Cap Rate

0.83

DSCR

$2,228

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,588 expenses = $360 out of pocket

Income$2,228Out of Pocket$360Mortgage P&I$1,55370%Property Taxes$1647%Insurance$1145%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24511%

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,730

Downpayment

20%

$62,600

Closing costs

1%

$3,130

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,228

Total Expenses

$2,588

Mortgage P&I

70%

$1,553

Property Taxes

7%

$164

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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