REI Lense

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$1,405 (target)

19727 Highway 80 W, Statesboro, GA 30458

2 beds • 1 baths • 1584 sqft

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This property might be a fair Long-Term investment with a projected 5.71% first-year return on $29,400 initial cash invested.

5.71%

Cash On Cash

8.36%

Cap Rate

1.27

DSCR

$1,405

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,405 income − $1,265 expenses = $140 cash flow

Income$1,405Mortgage P&I$76554%Property Taxes$876%Insurance$493%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$140

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,405

Total Expenses

$1,265

Mortgage P&I

54%

$765

Property Taxes

6%

$87

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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