REI Lense

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$2,241 (target)

1484 Forest Hill Rd, Macon, GA 31210

3 beds • 2 baths • 1277 sqft

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This property might be a fair Mid-Term investment with a projected 7.88% first-year return on $54,666 initial cash invested.

7.88%

Cash On Cash

9.53%

Cap Rate

1.48

DSCR

$2,241

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,241 income − $1,882 expenses = $359 cash flow

Income$2,241Mortgage P&I$93742%Property Taxes$1195%Insurance$633%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$359

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,666

Downpayment

20%

$34,920

Closing costs

1%

$1,746

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,241

Total Expenses

$1,882

Mortgage P&I

42%

$937

Property Taxes

5%

$119

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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