REI Lense

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$2,253 (target)

2156 New York Avenue, Savannah, GA 31404

3 beds • 2 baths • 1336 sqft

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This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $69,300 initial cash invested.

-6.2%

Cash On Cash

5.21%

Cap Rate

0.85

DSCR

$2,253

Rent

-$358

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,253 income − $2,611 expenses = $358 out of pocket

Income$2,253Out of Pocket$358Mortgage P&I$1,67874%Property Taxes$23110%Insurance$1165%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,253

Total Expenses

$2,611

Mortgage P&I

74%

$1,678

Property Taxes

10%

$231

Home Insurance

5%

$116

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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