REI Lense

REI Lense

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$2,012 (target)

1472 Hollywood Hwy, Clarkesville, GA 30523

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $75,726 initial cash invested.

-11.65%

Cash On Cash

4.16%

Cap Rate

0.66

DSCR

$2,012

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,012 income − $2,747 expenses = $735 out of pocket

Income$2,012Out of Pocket$735Mortgage P&I$1,88394%Property Taxes$20710%Insurance$1337%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,726

Downpayment

20%

$72,120

Closing costs

1%

$3,606

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,012

Total Expenses

$2,747

Mortgage P&I

94%

$1,883

Property Taxes

10%

$207

Home Insurance

7%

$133

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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