REI Lense

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$2,630 (target)

139 Riverview Dr, Bainbridge, GA 39817

3 beds • 2 baths • 1601 sqft

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This property looks like a bad Mid-Term investment with a projected -1.5% first-year return on $82,281 initial cash invested.

-1.5%

Cash On Cash

6.13%

Cap Rate

1

DSCR

$2,630

Rent

-$103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,630 income − $2,733 expenses = $103 out of pocket

Income$2,630Out of Pocket$103Mortgage P&I$1,56259%Property Taxes$1676%Insurance$1104%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,281

Downpayment

20%

$61,220

Closing costs

1%

$3,061

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,630

Total Expenses

$2,733

Mortgage P&I

59%

$1,562

Property Taxes

6%

$167

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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