REI Lense

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$2,856 (target)

198 Red Tail Cir, Byron, GA 31008

3 beds • 2 baths • 1425 sqft

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This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $71,046 initial cash invested.

3.82%

Cash On Cash

7.7%

Cap Rate

1.27

DSCR

$2,856

Rent

$226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,856 income − $2,630 expenses = $226 cash flow

Income$2,856Mortgage P&I$1,28045%Property Taxes$2619%Insurance$893%HOA$291%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$226

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,046

Downpayment

20%

$50,520

Closing costs

1%

$2,526

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,856

Total Expenses

$2,630

Mortgage P&I

45%

$1,280

Property Taxes

9%

$261

Home Insurance

3%

$89

HOA

1%

$29

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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