REI Lense

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$1,921 (target)

116 Alexis Way, Byron, GA 31008

3 beds • 2 baths • 1762 sqft

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This property looks like a bad Long-Term investment with a projected -5.89% first-year return on $56,049 initial cash invested.

-5.89%

Cash On Cash

4.98%

Cap Rate

0.86

DSCR

$1,921

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,921 income − $2,196 expenses = $275 out of pocket

Income$1,921Out of Pocket$275Mortgage P&I$1,28767%Property Taxes$30116%Insurance$1005%HOA$9Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,049

Downpayment

20%

$53,380

Closing costs

1%

$2,669

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,921

Total Expenses

$2,196

Mortgage P&I

67%

$1,287

Property Taxes

16%

$301

Home Insurance

5%

$100

HOA

0%

$9

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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