REI Lense

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$2,575 (target)

155 James Drive, Richmond Hill, GA 31324

3 beds • 2 baths • 1636 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $77,700 initial cash invested.

-5.78%

Cash On Cash

5.16%

Cap Rate

0.87

DSCR

$2,575

Rent

-$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,575 income − $2,949 expenses = $374 out of pocket

Income$2,575Out of Pocket$374Mortgage P&I$1,83671%Property Taxes$2138%Insurance$1305%HOA$1004%Management$25810%CapEx$1295%Vacancy$1546%Maintenance$1295%

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,575

Total Expenses

$2,949

Mortgage P&I

71%

$1,836

Property Taxes

8%

$213

Home Insurance

5%

$130

HOA

4%

$100

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$154

Maintenance

5%

$129

Other

0%

$0

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