REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,348 (target)

18 Belmont Park Ln, Newnan, GA 30263

3 beds • 3 baths • 2624 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.31% first-year return on $80,790 initial cash invested.

3.31%

Cash On Cash

8.05%

Cap Rate

1.22

DSCR

$3,348

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,348 income − $3,125 expenses = $223 cash flow

Income$3,348Mortgage P&I$1,64949%Property Taxes$2086%Insurance$1053%HOA$251%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%Cash Flow$223

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,348

Total Expenses

$3,125

Mortgage P&I

49%

$1,649

Property Taxes

6%

$208

Home Insurance

3%

$105

HOA

1%

$25

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis