REI Lense

REI Lense

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$1,155 (target)

105 Highway 57, Macon, GA 31217

3 beds • 2 baths • 1304 sqft

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This property looks like a bad Long-Term investment with a projected -8.26% first-year return on $41,979 initial cash invested.

-8.26%

Cash On Cash

4.84%

Cap Rate

0.78

DSCR

$1,155

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,155 income − $1,444 expenses = $289 out of pocket

Income$1,155Out of Pocket$289Mortgage P&I$1,03890%Property Taxes$353%Insurance$706%Management$11610%CapEx$585%Vacancy$696%Maintenance$585%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,155

Total Expenses

$1,444

Mortgage P&I

90%

$1,038

Property Taxes

3%

$35

Home Insurance

6%

$70

HOA

0%

$0

Property Management

10%

$116

CapEx

5%

$58

Vacancy

6%

$69

Maintenance

5%

$58

Other

0%

$0

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