REI Lense

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$1,748 (target)

2105 Michael Ter, Valdosta, GA 31602

3 beds • 2 baths • 1547 sqft

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This property might be a fair Long-Term investment with a projected 1.6% first-year return on $40,614 initial cash invested.

1.6%

Cash On Cash

7.4%

Cap Rate

1.13

DSCR

$1,748

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,748 income − $1,694 expenses = $54 cash flow

Income$1,748Mortgage P&I$1,05160%Property Taxes$1408%Insurance$493%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%Cash Flow$54

Investment Breakdown

|

Purchase Price

$193k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,614

Downpayment

20%

$38,680

Closing costs

1%

$1,934

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,748

Total Expenses

$1,694

Mortgage P&I

60%

$1,051

Property Taxes

8%

$140

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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