REI Lense

REI Lense

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$2,272 (target)

1143 Creekdale Dr, Clarkston, GA 30021

3 beds • 2 baths • 1851 sqft

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This property looks like a bad Long-Term investment with a projected -10.83% first-year return on $75,201 initial cash invested.

-10.83%

Cash On Cash

3.89%

Cap Rate

0.67

DSCR

$2,272

Rent

-$679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,272 income − $2,951 expenses = $679 out of pocket

Income$2,272Out of Pocket$679Mortgage P&I$1,72776%Property Taxes$50422%Insurance$1296%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,201

Downpayment

20%

$71,620

Closing costs

1%

$3,581

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,272

Total Expenses

$2,951

Mortgage P&I

76%

$1,727

Property Taxes

22%

$504

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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