REI Lense

REI Lense

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$2,080 (target)

1081 Smith St SW, Atlanta, GA 30310

3 beds • 3 baths • 1344 sqft

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This property might be a fair Long-Term investment with a projected 0.93% first-year return on $56,637 initial cash invested.

0.93%

Cash On Cash

6.78%

Cap Rate

1.11

DSCR

$2,080

Rent

$44

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,080 income − $2,036 expenses = $44 cash flow

Income$2,080Mortgage P&I$1,37666%Property Taxes$4Insurance$1156%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%Cash Flow$44

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,080

Total Expenses

$2,036

Mortgage P&I

66%

$1,376

Property Taxes

0%

$4

Home Insurance

6%

$115

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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