REI Lense

REI Lense

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$1,657 (target)

108 Pound Dr, Statesboro, GA 30458

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -3.72% first-year return on $45,507 initial cash invested.

-3.72%

Cash On Cash

5.68%

Cap Rate

0.95

DSCR

$1,657

Rent

-$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,657 income − $1,798 expenses = $141 out of pocket

Income$1,657Out of Pocket$141Mortgage P&I$1,08465%Property Taxes$18711%Insurance$966%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,507

Downpayment

20%

$43,340

Closing costs

1%

$2,167

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,657

Total Expenses

$1,798

Mortgage P&I

65%

$1,084

Property Taxes

11%

$187

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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