REI Lense

REI Lense

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$1,613 (target)

2023 Wellborn Rd, Lithonia, GA 30058

3 beds • 2 baths • 1526 sqft

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This property might be a fair Long-Term investment with a projected 3.43% first-year return on $28,350 initial cash invested.

3.43%

Cash On Cash

7.64%

Cap Rate

1.23

DSCR

$1,613

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,350

Downpayment

20%

$27,000

Closing costs

1%

$1,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,613

Total Expenses

$1,532

Mortgage P&I

43%

$697

Property Taxes

23%

$368

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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