REI Lense

REI Lense

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$2,019 (target)

1203 Lakeview Dr, Valdosta, GA 31602

3 beds • 2 baths • 2103 sqft

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This property looks like a bad Long-Term investment with a projected -9.11% first-year return on $70,434 initial cash invested.

-9.11%

Cash On Cash

4.56%

Cap Rate

0.75

DSCR

$2,019

Rent

-$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,019 income − $2,554 expenses = $535 out of pocket

Income$2,019Out of Pocket$535Mortgage P&I$1,70985%Property Taxes$19810%Insurance$1226%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,434

Downpayment

20%

$67,080

Closing costs

1%

$3,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,019

Total Expenses

$2,554

Mortgage P&I

85%

$1,709

Property Taxes

10%

$198

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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