REI Lense

REI Lense

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$1,494 (target)

1484 Forest Hill Rd, Macon, GA 31210

3 beds • 2 baths • 1277 sqft

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This property looks like a bad Long-Term investment with a projected -0.46% first-year return on $36,666 initial cash invested.

-0.46%

Cash On Cash

6.86%

Cap Rate

1.07

DSCR

$1,494

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,494 income − $1,508 expenses = $14 out of pocket

Income$1,494Out of Pocket$14Mortgage P&I$93763%Property Taxes$1198%Insurance$634%Management$14910%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,666

Downpayment

20%

$34,920

Closing costs

1%

$1,746

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,494

Total Expenses

$1,508

Mortgage P&I

63%

$937

Property Taxes

8%

$119

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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