REI Lense

REI Lense

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$2,309 (target)

1610 Sandpiper Ct, Saint Marys, GA 31558

3 beds • 2 baths • 1995 sqft

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This property looks like a bad Long-Term investment with a projected -11.38% first-year return on $68,334 initial cash invested.

-11.38%

Cash On Cash

4.16%

Cap Rate

0.68

DSCR

$2,309

Rent

-$648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $2,957 expenses = $648 out of pocket

Income$2,309Out of Pocket$648Mortgage P&I$1,66072%Property Taxes$43219%Insurance$1165%HOA$1496%Management$23110%CapEx$1155%Vacancy$1396%Maintenance$1155%

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,334

Downpayment

20%

$65,080

Closing costs

1%

$3,254

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,309

Total Expenses

$2,957

Mortgage P&I

72%

$1,660

Property Taxes

19%

$432

Home Insurance

5%

$116

HOA

6%

$149

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$139

Maintenance

5%

$115

Other

0%

$0

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