REI Lense

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$2,844 (target)

1208 Bellview Rd, Rockmart, GA 30153

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Mid-Term investment with a projected -2.57% first-year return on $89,820 initial cash invested.

-2.57%

Cash On Cash

5.81%

Cap Rate

0.96

DSCR

$2,844

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,844 income − $3,036 expenses = $192 out of pocket

Income$2,844Out of Pocket$192Mortgage P&I$1,73561%Property Taxes$2107%Insurance$1244%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,820

Downpayment

20%

$68,400

Closing costs

1%

$3,420

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$3,036

Mortgage P&I

61%

$1,735

Property Taxes

7%

$210

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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