REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,580 (target)

2209 Mississippi Avenue, Savannah, GA 31404

3 beds • 2 baths • 1540 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.44% first-year return on $98,031 initial cash invested.

-6.44%

Cash On Cash

4.83%

Cap Rate

0.78

DSCR

$2,580

Rent

-$526

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,580 income − $3,106 expenses = $526 out of pocket

Income$2,580Out of Pocket$526Mortgage P&I$1,95776%Property Taxes$1375%Insurance$1355%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,031

Downpayment

20%

$76,220

Closing costs

1%

$3,811

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,580

Total Expenses

$3,106

Mortgage P&I

76%

$1,957

Property Taxes

5%

$137

Home Insurance

5%

$135

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis