REI Lense

REI Lense

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$1,925 (target)

205 Sport Way, Griffin, GA 30223

3 beds • 2 baths • 1737 sqft

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This property looks like a bad Long-Term investment with a projected -2.57% first-year return on $46,683 initial cash invested.

-2.57%

Cash On Cash

6.49%

Cap Rate

1

DSCR

$1,925

Rent

-$100

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,925 income − $2,025 expenses = $100 out of pocket

Income$1,925Out of Pocket$100Mortgage P&I$1,20663%Property Taxes$25713%Insurance$623%Management$19210%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,683

Downpayment

20%

$44,460

Closing costs

1%

$2,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,925

Total Expenses

$2,025

Mortgage P&I

63%

$1,206

Property Taxes

13%

$257

Home Insurance

3%

$62

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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