REI Lense

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$1,991 (target)

14694 Highway 515 N, Ellijay, GA 30536

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $91,077 initial cash invested.

-12.73%

Cash On Cash

3.55%

Cap Rate

0.6

DSCR

$1,991

Rent

-$966

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,991 income − $2,957 expenses = $966 out of pocket

Income$1,991Out of Pocket$966Mortgage P&I$2,150108%Property Taxes$1317%Insurance$1588%Management$19910%CapEx$1005%Vacancy$1196%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,077

Downpayment

20%

$86,740

Closing costs

1%

$4,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,991

Total Expenses

$2,957

Mortgage P&I

108%

$2,150

Property Taxes

7%

$131

Home Insurance

8%

$158

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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