REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,850 (target)

1983 Red Oak Rd, Norcross, GA 30071

3 beds • 3 baths • 2184 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $86,019 initial cash invested.

3.19%

Cash On Cash

7.98%

Cap Rate

1.22

DSCR

$3,850

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,850 income − $3,621 expenses = $229 cash flow

Income$3,850Mortgage P&I$1,77046%Property Taxes$42511%Insurance$1163%Management$46212%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42411%Cash Flow$229

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,019

Downpayment

20%

$64,780

Closing costs

1%

$3,239

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,850

Total Expenses

$3,621

Mortgage P&I

46%

$1,770

Property Taxes

11%

$425

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$424

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis