REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1476 W Lake Dr, Gainesville, GA 30501

3 beds • 3 baths • 2440 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.84% first-year return on $123k initial cash invested.

-10.84%

Cash On Cash

3.75%

Cap Rate

0.61

DSCR

$3,198

Rent

-$1,111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $4,309 expenses = $1,111 out of pocket

Income$3,198Out of Pocket$1,111Mortgage P&I$2,54480%Property Taxes$542%Insurance$1755%Management$48015%CapEx$1284%Maintenance$1284%Other$80025%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,198

Total Expenses

$4,309

Mortgage P&I

80%

$2,544

Property Taxes

2%

$54

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$480

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$800

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis