REI Lense

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$3,221 (target)

129 Cardinal Ridge Rd, Thomasville, GA 31792

3 beds • 3 baths • 2422 sqft

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This property might be a fair Long-Term investment with a projected 0.41% first-year return on $78,267 initial cash invested.

0.41%

Cash On Cash

6.97%

Cap Rate

1.1

DSCR

$3,221

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,221 income − $3,194 expenses = $27 cash flow

Income$3,221Mortgage P&I$1,97861%Property Taxes$2438%Insurance$1364%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%Cash Flow$27

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,267

Downpayment

20%

$74,540

Closing costs

1%

$3,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,221

Total Expenses

$3,194

Mortgage P&I

61%

$1,978

Property Taxes

8%

$243

Home Insurance

4%

$136

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

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