REI Lense

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$3,213 (target)

1317 Redford Dr SE, Atlanta, GA 30315

3 beds • 2 baths • 1137 sqft

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This property might be a fair Mid-Term investment with a projected 7.44% first-year return on $68,232 initial cash invested.

7.44%

Cash On Cash

9.35%

Cap Rate

1.42

DSCR

$3,213

Rent

$423

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,213 income − $2,790 expenses = $423 cash flow

Income$3,213Mortgage P&I$1,31141%Property Taxes$3029%Insurance$843%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35311%Cash Flow$423

Investment Breakdown

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Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,232

Downpayment

20%

$47,840

Closing costs

1%

$2,392

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$2,790

Mortgage P&I

41%

$1,311

Property Taxes

9%

$302

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$353

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