REI Lense

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$2,298 (target)

112 Boyd Valley Rd SE, Rome, GA 30161

3 beds • 2 baths • 1283 sqft

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This property might be a fair Mid-Term investment with a projected 5% first-year return on $58,782 initial cash invested.

5%

Cash On Cash

8.49%

Cap Rate

1.32

DSCR

$2,298

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,298 income − $2,053 expenses = $245 cash flow

Income$2,298Mortgage P&I$1,03745%Property Taxes$1647%Insurance$703%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$245

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,782

Downpayment

20%

$38,840

Closing costs

1%

$1,942

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,298

Total Expenses

$2,053

Mortgage P&I

45%

$1,037

Property Taxes

7%

$164

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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