REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,035 (target)

1600 Old Athens Hwy, Cornelia, GA 30531

3 beds • 3 baths • 1884 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.62% first-year return on $72,429 initial cash invested.

-10.62%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$2,035

Rent

-$641

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,429

Downpayment

20%

$68,980

Closing costs

1%

$3,449

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,035

Total Expenses

$2,676

Mortgage P&I

85%

$1,729

Property Taxes

14%

$295

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis