REI Lense

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$1,717 (target)

151 Tiny Ridge Dr, Cornelia, GA 30531

3 beds • 2 baths • 1830 sqft

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This property looks like a bad Long-Term investment with a projected -10.96% first-year return on $65,478 initial cash invested.

-10.96%

Cash On Cash

3.95%

Cap Rate

0.67

DSCR

$1,717

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,717 income − $2,315 expenses = $598 out of pocket

Income$1,717Out of Pocket$598Mortgage P&I$1,53890%Property Taxes$22513%Insurance$1056%Management$17210%CapEx$865%Vacancy$1036%Maintenance$865%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,717

Total Expenses

$2,315

Mortgage P&I

90%

$1,538

Property Taxes

13%

$225

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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