REI Lense

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$2,481 (target)

1509 Highpoint Rd, Bowdon, GA 30108

3 beds • 4 baths • 3094 sqft

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This property looks like a bad Long-Term investment with a projected -17.28% first-year return on $147k initial cash invested.

-17.28%

Cash On Cash

2.29%

Cap Rate

0.4

DSCR

$2,481

Rent

-$2,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,481 income − $4,598 expenses = $2,117 out of pocket

Income$2,481Out of Pocket$2,117Mortgage P&I$3,326134%Property Taxes$38215%Insurance$24510%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

|

Purchase Price

$700k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,481

Total Expenses

$4,598

Mortgage P&I

134%

$3,326

Property Taxes

15%

$382

Home Insurance

10%

$245

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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