REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,986 (target)

1500 Welcome Rd, Newnan, GA 30263

3 beds • 2 baths • 1806 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $84,864 initial cash invested.

0.9%

Cash On Cash

6.64%

Cap Rate

1.12

DSCR

$2,986

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,922 expenses = $64 cash flow

Income$2,986Mortgage P&I$1,58053%Property Taxes$2047%Insurance$1244%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$64

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,864

Downpayment

20%

$63,680

Closing costs

1%

$3,184

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,922

Mortgage P&I

53%

$1,580

Property Taxes

7%

$204

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis