REI Lense

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$2,535 (target)

1615 Bluewater Ct, Cumming, GA 30041

3 beds • 3 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $97,734 initial cash invested.

-9.13%

Cash On Cash

4.44%

Cap Rate

0.74

DSCR

$2,535

Rent

-$744

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,535 income − $3,279 expenses = $744 out of pocket

Income$2,535Out of Pocket$744Mortgage P&I$2,33892%Property Taxes$532%Insurance$2289%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,734

Downpayment

20%

$93,080

Closing costs

1%

$4,654

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,535

Total Expenses

$3,279

Mortgage P&I

92%

$2,338

Property Taxes

2%

$53

Home Insurance

9%

$228

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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