REI Lense

REI Lense

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$1,276 (target)

155 Mallory Dr, Lagrange, GA 30241

3 beds • 2 baths • 1380 sqft

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This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $46,557 initial cash invested.

-11.57%

Cash On Cash

4.27%

Cap Rate

0.67

DSCR

$1,276

Rent

-$449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,276 income − $1,725 expenses = $449 out of pocket

Income$1,276Out of Pocket$449Mortgage P&I$1,17392%Property Taxes$13911%Insurance$806%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,557

Downpayment

20%

$44,340

Closing costs

1%

$2,217

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,276

Total Expenses

$1,725

Mortgage P&I

92%

$1,173

Property Taxes

11%

$139

Home Insurance

6%

$80

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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