REI Lense

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$1,280 (target)

1602 Gail Ave, Albany, GA 31707

3 beds • 2 baths • 1422 sqft

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This property looks like a bad Long-Term investment with a projected -2.39% first-year return on $33,642 initial cash invested.

-2.39%

Cash On Cash

6.21%

Cap Rate

1

DSCR

$1,280

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,280 income − $1,347 expenses = $67 out of pocket

Income$1,280Out of Pocket$67Mortgage P&I$83265%Property Taxes$12510%Insurance$574%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,642

Downpayment

20%

$32,040

Closing costs

1%

$1,602

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,280

Total Expenses

$1,347

Mortgage P&I

65%

$832

Property Taxes

10%

$125

Home Insurance

4%

$57

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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