REI Lense

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$2,682 (target)

196 Short St, Gray, GA 31032

3 beds • 2 baths • 1687 sqft

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This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $72,075 initial cash invested.

2.83%

Cash On Cash

7.56%

Cap Rate

1.21

DSCR

$2,682

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $2,512 expenses = $170 cash flow

Income$2,682Mortgage P&I$1,34550%Property Taxes$1626%Insurance$944%Management$32212%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%Cash Flow$170

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$2,512

Mortgage P&I

50%

$1,345

Property Taxes

6%

$162

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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