REI Lense

REI Lense

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$2,241 (target)

1240 Peacock Ave, Columbus, GA 31906

3 beds • 2 baths • 1628 sqft

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This property looks like a bad Mid-Term investment with a projected -0.18% first-year return on $65,649 initial cash invested.

-0.18%

Cash On Cash

6.94%

Cap Rate

1.06

DSCR

$2,241

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,241 income − $2,251 expenses = $10 out of pocket

Income$2,241Out of Pocket$10Mortgage P&I$1,23355%Property Taxes$1748%Insurance$814%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,649

Downpayment

20%

$45,380

Closing costs

1%

$2,269

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,241

Total Expenses

$2,251

Mortgage P&I

55%

$1,233

Property Taxes

8%

$174

Home Insurance

4%

$81

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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