REI Lense

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$1,710 (target)

1138 Betty Dr, Columbus, GA 31907

3 beds • 2 baths • 1469 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $57,165 initial cash invested.

-1.53%

Cash On Cash

6.41%

Cap Rate

1

DSCR

$1,710

Rent

-$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,710 income − $1,783 expenses = $73 out of pocket

Income$1,710Out of Pocket$73Mortgage P&I$1,00159%Property Taxes$1378%Insurance$654%Management$20512%CapEx$684%Vacancy$513%Maintenance$684%Other$18811%

Investment Breakdown

|

Purchase Price

$187k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,165

Downpayment

20%

$37,300

Closing costs

1%

$1,865

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,710

Total Expenses

$1,783

Mortgage P&I

59%

$1,001

Property Taxes

8%

$137

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$205

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$188

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