REI Lense

REI Lense

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$1,563 (target)

107 6th Ave, Mansfield, GA 30055

3 beds • 3 baths • 3133 sqft

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This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $88,515 initial cash invested.

-17.29%

Cash On Cash

2.43%

Cap Rate

0.42

DSCR

$1,563

Rent

-$1,275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,563 income − $2,838 expenses = $1,275 out of pocket

Income$1,563Out of Pocket$1,275Mortgage P&I$2,049131%Property Taxes$23315%Insurance$15010%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$422k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,515

Downpayment

20%

$84,300

Closing costs

1%

$4,215

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,563

Total Expenses

$2,838

Mortgage P&I

131%

$2,049

Property Taxes

15%

$233

Home Insurance

10%

$150

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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