REI Lense

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$2,764 (target)

1608 Double Churches Rd, Columbus, GA 31904

3 beds • 2 baths • 1591 sqft

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This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $65,166 initial cash invested.

5.19%

Cash On Cash

8.62%

Cap Rate

1.32

DSCR

$2,764

Rent

$282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,764 income − $2,482 expenses = $282 cash flow

Income$2,764Mortgage P&I$1,22144%Property Taxes$2419%Insurance$793%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30411%Cash Flow$282

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,166

Downpayment

20%

$44,920

Closing costs

1%

$2,246

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,764

Total Expenses

$2,482

Mortgage P&I

44%

$1,221

Property Taxes

9%

$241

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$304

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