REI Lense

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$3,261 (target)

19 Edgewater Dr, Ringgold, GA 30736

3 beds • 2 baths • 2059 sqft

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This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $79,278 initial cash invested.

5.74%

Cash On Cash

8.38%

Cap Rate

1.33

DSCR

$3,261

Rent

$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,261 income − $2,882 expenses = $379 cash flow

Income$3,261Mortgage P&I$1,52947%Property Taxes$1404%Insurance$1053%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%Cash Flow$379

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,278

Downpayment

20%

$58,360

Closing costs

1%

$2,918

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,261

Total Expenses

$2,882

Mortgage P&I

47%

$1,529

Property Taxes

4%

$140

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

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