REI Lense

REI Lense

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$3,503 (target)

1709 Wimbledon Dr, Thomasville, GA 31792

3 beds • 2 baths • 3199 sqft

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This property looks like a bad Long-Term investment with a projected -3.08% first-year return on $99,750 initial cash invested.

-3.08%

Cash On Cash

5.88%

Cap Rate

0.97

DSCR

$3,503

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,503 income − $3,759 expenses = $256 out of pocket

Income$3,503Out of Pocket$256Mortgage P&I$2,40969%Property Taxes$2748%Insurance$1665%Management$35010%CapEx$1755%Vacancy$2106%Maintenance$1755%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,750

Downpayment

20%

$95,000

Closing costs

1%

$4,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,503

Total Expenses

$3,759

Mortgage P&I

69%

$2,409

Property Taxes

8%

$274

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$350

CapEx

5%

$175

Vacancy

6%

$210

Maintenance

5%

$175

Other

0%

$0

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