REI Lense

REI Lense

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$1,847 (target)

12 Smarty Jones Ct, Cartersville, GA 30120

3 beds • 2 baths • 1384 sqft

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This property looks like a bad Long-Term investment with a projected -11.15% first-year return on $66,633 initial cash invested.

-11.15%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$1,847

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,847 income − $2,466 expenses = $619 out of pocket

Income$1,847Out of Pocket$619Mortgage P&I$1,57085%Property Taxes$25614%Insurance$1126%HOA$483%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,633

Downpayment

20%

$63,460

Closing costs

1%

$3,173

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,847

Total Expenses

$2,466

Mortgage P&I

85%

$1,570

Property Taxes

14%

$256

Home Insurance

6%

$112

HOA

3%

$48

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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