REI Lense

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$3,002 (target)

1233 Clearview Dr, Ringgold, GA 30736

3 beds • 3 baths • 2352 sqft

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This property looks like a bad Mid-Term investment with a projected -2.99% first-year return on $93,453 initial cash invested.

-2.99%

Cash On Cash

5.61%

Cap Rate

0.94

DSCR

$3,002

Rent

-$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,002 income − $3,235 expenses = $233 out of pocket

Income$3,002Out of Pocket$233Mortgage P&I$1,79460%Property Taxes$29010%Insurance$1314%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,453

Downpayment

20%

$71,860

Closing costs

1%

$3,593

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,002

Total Expenses

$3,235

Mortgage P&I

60%

$1,794

Property Taxes

10%

$290

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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