REI Lense

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$3,237 (target)

113 Lands Dr NE, Milledgeville, GA 31061

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -0.05% first-year return on $95,217 initial cash invested.

-0.05%

Cash On Cash

6.19%

Cap Rate

1.07

DSCR

$3,237

Rent

-$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,237 income − $3,241 expenses = $4 out of pocket

Income$3,237Out of Pocket$4Mortgage P&I$1,77355%Property Taxes$2387%Insurance$1314%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,217

Downpayment

20%

$73,540

Closing costs

1%

$3,677

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,237

Total Expenses

$3,241

Mortgage P&I

55%

$1,773

Property Taxes

7%

$238

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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