REI Lense

REI Lense

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$2,084 (target)

1544 Canberra Dr, Stone Mountain, GA 30088

3 beds • 2 baths • 1692 sqft

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This property looks like a bad Long-Term investment with a projected -5.29% first-year return on $53,529 initial cash invested.

-5.29%

Cash On Cash

5.76%

Cap Rate

0.9

DSCR

$2,084

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,084 income − $2,320 expenses = $236 out of pocket

Income$2,084Out of Pocket$236Mortgage P&I$1,35565%Property Taxes$39819%Insurance$261%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,084

Total Expenses

$2,320

Mortgage P&I

65%

$1,355

Property Taxes

19%

$398

Home Insurance

1%

$26

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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