REI Lense

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$2,463 (target)

20 Brikdale Ct, Newnan, GA 30265

3 beds • 2 baths • 2377 sqft

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This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $82,509 initial cash invested.

-9.12%

Cash On Cash

4.44%

Cap Rate

0.74

DSCR

$2,463

Rent

-$627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,463 income − $3,090 expenses = $627 out of pocket

Income$2,463Out of Pocket$627Mortgage P&I$1,95879%Property Taxes$30813%Insurance$1406%HOA$442%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,509

Downpayment

20%

$78,580

Closing costs

1%

$3,929

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,463

Total Expenses

$3,090

Mortgage P&I

80%

$1,958

Property Taxes

13%

$308

Home Insurance

6%

$140

HOA

2%

$44

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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