REI Lense

REI Lense

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$3,544 (target)

2 Mackay Lane, Savannah, GA 31411

3 beds • 3 baths • 2662 sqft

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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $154k initial cash invested.

-14.58%

Cash On Cash

3.24%

Cap Rate

0.54

DSCR

$3,544

Rent

-$1,869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,544 income − $5,413 expenses = $1,869 out of pocket

Income$3,544Out of Pocket$1,869Mortgage P&I$3,668103%Property Taxes$33710%Insurance$2718%HOA$2166%Management$35410%CapEx$1775%Vacancy$2136%Maintenance$1775%

Investment Breakdown

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Purchase Price

$733k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$147k

Closing costs

1%

$7,327

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,544

Total Expenses

$5,413

Mortgage P&I

103%

$3,668

Property Taxes

10%

$337

Home Insurance

8%

$271

HOA

6%

$216

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$213

Maintenance

5%

$177

Other

0%

$0

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