REI Lense

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$1,891 (target)

1386 Forest Lake Dr, Hinesville, GA 31313

3 beds • 2 baths • 1461 sqft

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This property could be a profitable Long-Term investment with a projected 17.63% first-year return on $25,187 initial cash invested.

17.63%

Cash On Cash

10.98%

Cap Rate

1.74

DSCR

$1,891

Rent

$370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,891 income − $1,521 expenses = $370 cash flow

Income$1,891Mortgage P&I$63233%Property Taxes$35519%Insurance$422%Management$18910%CapEx$955%Vacancy$1136%Maintenance$955%Cash Flow$370

Investment Breakdown

|

Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,187

Downpayment

20%

$23,988

Closing costs

1%

$1,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,891

Total Expenses

$1,521

Mortgage P&I

33%

$632

Property Taxes

19%

$355

Home Insurance

2%

$42

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$113

Maintenance

5%

$95

Other

0%

$0

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