REI Lense

REI Lense

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$1,272 (target)

124 3rd St, Fitzgerald, GA 31750

3 beds • 2 baths • 1588 sqft

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This property looks like a bad Long-Term investment with a projected -4.15% first-year return on $33,558 initial cash invested.

-4.15%

Cash On Cash

6.16%

Cap Rate

0.94

DSCR

$1,272

Rent

-$116

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,272 income − $1,388 expenses = $116 out of pocket

Income$1,272Out of Pocket$116Mortgage P&I$87269%Property Taxes$1159%Insurance$706%Management$12710%CapEx$645%Vacancy$766%Maintenance$645%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,558

Downpayment

20%

$31,960

Closing costs

1%

$1,598

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,272

Total Expenses

$1,388

Mortgage P&I

69%

$872

Property Taxes

9%

$115

Home Insurance

6%

$70

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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