REI Lense

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$2,567 (target)

1983 Red Oak Rd, Norcross, GA 30071

3 beds • 3 baths • 2184 sqft

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This property looks like a bad Long-Term investment with a projected -7.25% first-year return on $68,019 initial cash invested.

-7.25%

Cash On Cash

5.51%

Cap Rate

0.84

DSCR

$2,567

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,567 income − $2,978 expenses = $411 out of pocket

Income$2,567Out of Pocket$411Mortgage P&I$1,77069%Property Taxes$42517%Insurance$1165%Management$25710%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,019

Downpayment

20%

$64,780

Closing costs

1%

$3,239

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,567

Total Expenses

$2,978

Mortgage P&I

69%

$1,770

Property Taxes

17%

$425

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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