REI Lense

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$1,672 (target)

2135 Mississippi Ave, Savannah, GA 31404

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $56,700 initial cash invested.

-11.01%

Cash On Cash

4.06%

Cap Rate

0.68

DSCR

$1,672

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,672 income − $2,192 expenses = $520 out of pocket

Income$1,672Out of Pocket$520Mortgage P&I$1,35081%Property Taxes$31319%Insurance$946%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,672

Total Expenses

$2,192

Mortgage P&I

81%

$1,350

Property Taxes

19%

$313

Home Insurance

6%

$94

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

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