REI Lense

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$2,308 (target)

1539 E Broad Ave, Albany, GA 31705

3 beds • 2 baths • 1945 sqft

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This property might be a fair Mid-Term investment with a projected 7.17% first-year return on $54,750 initial cash invested.

7.17%

Cash On Cash

9.31%

Cap Rate

1.45

DSCR

$2,308

Rent

$327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,308 income − $1,981 expenses = $327 cash flow

Income$2,308Mortgage P&I$93841%Property Taxes$1989%Insurance$613%Management$27712%CapEx$924%Vacancy$693%Maintenance$924%Other$25411%Cash Flow$327

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,308

Total Expenses

$1,981

Mortgage P&I

41%

$938

Property Taxes

9%

$198

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$277

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$254

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