REI Lense

REI Lense

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$2,290 (target)

14 Spring Water Dr, Ringgold, GA 30736

3 beds • 3 baths • 1816 sqft

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This property looks like a bad Long-Term investment with a projected -6.87% first-year return on $75,474 initial cash invested.

-6.87%

Cash On Cash

4.89%

Cap Rate

0.82

DSCR

$2,290

Rent

-$432

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $2,722 expenses = $432 out of pocket

Income$2,290Out of Pocket$432Mortgage P&I$1,78478%Property Taxes$2149%Insurance$1306%Management$22910%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,474

Downpayment

20%

$71,880

Closing costs

1%

$3,594

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,290

Total Expenses

$2,722

Mortgage P&I

78%

$1,784

Property Taxes

9%

$214

Home Insurance

6%

$130

HOA

0%

$0

Property Management

10%

$229

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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