REI Lense

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$2,249 (target)

114 Steeplechase Rd, Savannah, GA 31405

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Long-Term investment with a projected -12.43% first-year return on $85,134 initial cash invested.

-12.43%

Cash On Cash

3.82%

Cap Rate

0.63

DSCR

$2,249

Rent

-$882

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $3,131 expenses = $882 out of pocket

Income$2,249Out of Pocket$882Mortgage P&I$2,06292%Property Taxes$29413%Insurance$1456%HOA$462%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

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Purchase Price

$405k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,134

Downpayment

20%

$81,080

Closing costs

1%

$4,054

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,249

Total Expenses

$3,131

Mortgage P&I

92%

$2,062

Property Taxes

13%

$294

Home Insurance

6%

$145

HOA

2%

$46

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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