REI Lense

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$3,310 (target)

2016 Plantation Pointe Drive, Statesboro, GA 30461

3 beds • 3 baths • 2388 sqft

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This property looks like a bad Mid-Term investment with a projected -1.29% first-year return on $96,624 initial cash invested.

-1.29%

Cash On Cash

6.11%

Cap Rate

1.01

DSCR

$3,310

Rent

-$104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,310 income − $3,414 expenses = $104 out of pocket

Income$3,310Out of Pocket$104Mortgage P&I$1,87757%Property Taxes$2778%Insurance$1364%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,624

Downpayment

20%

$74,880

Closing costs

1%

$3,744

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,310

Total Expenses

$3,414

Mortgage P&I

57%

$1,877

Property Taxes

8%

$277

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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