REI Lense

REI Lense

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$1,421 (target)

109 Highland Dr, Americus, GA 31709

3 beds • 2 baths • 2008 sqft

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This property might be a fair Long-Term investment with a projected 8.39% first-year return on $28,602 initial cash invested.

8.39%

Cash On Cash

8.41%

Cap Rate

1.4

DSCR

$1,421

Rent

$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,602

Downpayment

20%

$27,240

Closing costs

1%

$1,362

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,421

Total Expenses

$1,221

Mortgage P&I

48%

$683

Property Taxes

9%

$134

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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