REI Lense

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$3,862 (target)

155 James Drive, Richmond Hill, GA 31324

3 beds • 2 baths • 1636 sqft

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This property might be a fair Mid-Term investment with a projected 3.4% first-year return on $95,700 initial cash invested.

3.4%

Cash On Cash

7.33%

Cap Rate

1.23

DSCR

$3,862

Rent

$271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,862 income − $3,591 expenses = $271 cash flow

Income$3,862Mortgage P&I$1,83648%Property Taxes$2136%Insurance$1303%HOA$1003%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$271

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,700

Downpayment

20%

$74,000

Closing costs

1%

$3,700

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$3,591

Mortgage P&I

48%

$1,836

Property Taxes

6%

$213

Home Insurance

3%

$130

HOA

3%

$100

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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