REI Lense

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$2,181 (target)

1904 Valley Spring Rd, Augusta, GA 30909

3 beds • 2 baths • 1627 sqft

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This property might be a fair Mid-Term investment with a projected 1.4% first-year return on $59,349 initial cash invested.

1.4%

Cash On Cash

7.44%

Cap Rate

1.15

DSCR

$2,181

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,181 income − $2,112 expenses = $69 cash flow

Income$2,181Mortgage P&I$1,06449%Property Taxes$23711%Insurance$703%Management$26212%CapEx$874%Vacancy$653%Maintenance$874%Other$24011%Cash Flow$69

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,349

Downpayment

20%

$39,380

Closing costs

1%

$1,969

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,181

Total Expenses

$2,112

Mortgage P&I

49%

$1,064

Property Taxes

11%

$237

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$262

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$240

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