REI Lense

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$1,671 (target)

134 Little Joe Ct, Riverdale, GA 30274

3 beds • 2 baths • 1975 sqft

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This property looks like a bad Long-Term investment with a projected -10.42% first-year return on $54,033 initial cash invested.

-10.42%

Cash On Cash

4.23%

Cap Rate

0.7

DSCR

$1,671

Rent

-$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,671 income − $2,140 expenses = $469 out of pocket

Income$1,671Out of Pocket$469Mortgage P&I$1,29177%Property Taxes$32319%Insurance$915%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,033

Downpayment

20%

$51,460

Closing costs

1%

$2,573

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,671

Total Expenses

$2,140

Mortgage P&I

77%

$1,291

Property Taxes

19%

$323

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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