REI Lense

REI Lense

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$1,376 (target)

1807 Us Highway 29, West Point, GA 31833

3 beds • 2 baths • 1716 sqft

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This property looks like a bad Long-Term investment with a projected -10.53% first-year return on $45,129 initial cash invested.

-10.53%

Cash On Cash

4.77%

Cap Rate

0.72

DSCR

$1,376

Rent

-$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,376 income − $1,772 expenses = $396 out of pocket

Income$1,376Out of Pocket$396Mortgage P&I$1,18286%Property Taxes$15411%Insurance$776%Management$13810%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,129

Downpayment

20%

$42,980

Closing costs

1%

$2,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,376

Total Expenses

$1,772

Mortgage P&I

86%

$1,182

Property Taxes

11%

$154

Home Insurance

6%

$77

HOA

0%

$0

Property Management

10%

$138

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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