REI Lense

REI Lense

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$1,627 (target)

1566 Flicker Rd, Jonesboro, GA 30238

3 beds • 2 baths • 1493 sqft

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This property might be a fair Long-Term investment with a projected 4.69% first-year return on $33,012 initial cash invested.

4.69%

Cash On Cash

8.04%

Cap Rate

1.25

DSCR

$1,627

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,627 income − $1,498 expenses = $129 cash flow

Income$1,627Mortgage P&I$84352%Property Taxes$17811%Insurance$543%Management$16310%CapEx$815%Vacancy$986%Maintenance$815%Cash Flow$129

Investment Breakdown

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Purchase Price

$157k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,012

Downpayment

20%

$31,440

Closing costs

1%

$1,572

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,627

Total Expenses

$1,498

Mortgage P&I

52%

$843

Property Taxes

11%

$178

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$163

CapEx

5%

$81

Vacancy

6%

$98

Maintenance

5%

$81

Other

0%

$0

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