REI Lense

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$1,634 (target)

148 Homestead Dr, Gray, GA 31032

3 beds • 2 baths • 1817 sqft

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This property looks like a bad Long-Term investment with a projected -6.32% first-year return on $52,584 initial cash invested.

-6.32%

Cash On Cash

5.02%

Cap Rate

0.84

DSCR

$1,634

Rent

-$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,634 income − $1,911 expenses = $277 out of pocket

Income$1,634Out of Pocket$277Mortgage P&I$1,24376%Property Taxes$1459%Insurance$986%Management$16310%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,584

Downpayment

20%

$50,080

Closing costs

1%

$2,504

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,634

Total Expenses

$1,911

Mortgage P&I

76%

$1,243

Property Taxes

9%

$145

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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