REI Lense

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$2,228 (target)

206 Warthen St, La Fayette, GA 30728

3 beds • 2 baths • 1255 sqft

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This property might be a fair Long-Term investment with a projected 0.91% first-year return on $56,637 initial cash invested.

0.91%

Cash On Cash

6.97%

Cap Rate

1.11

DSCR

$2,228

Rent

$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $2,185 expenses = $43 cash flow

Income$2,228Mortgage P&I$1,41363%Property Taxes$1236%Insurance$703%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%Cash Flow$43

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,228

Total Expenses

$2,185

Mortgage P&I

63%

$1,413

Property Taxes

6%

$123

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

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