REI Lense

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$2,314 (target)

1605 Forest Ln, Bainbridge, GA 39817

3 beds • 2 baths • 1352 sqft

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This property might be a fair Mid-Term investment with a projected 7.12% first-year return on $55,611 initial cash invested.

7.12%

Cash On Cash

9.42%

Cap Rate

1.43

DSCR

$2,314

Rent

$330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,314 income − $1,984 expenses = $330 cash flow

Income$2,314Mortgage P&I$98342%Property Taxes$1476%Insurance$663%Management$27812%CapEx$934%Vacancy$693%Maintenance$934%Other$25511%Cash Flow$330

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,611

Downpayment

20%

$35,820

Closing costs

1%

$1,791

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,314

Total Expenses

$1,984

Mortgage P&I

42%

$983

Property Taxes

6%

$147

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$278

CapEx

4%

$93

Vacancy

3%

$69

Maintenance

4%

$93

Other

11%

$255

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