REI Lense

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$2,654 (target)

2238 Springwood Dr, Decatur, GA 30033

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $132k initial cash invested.

-13.96%

Cash On Cash

3.32%

Cap Rate

0.55

DSCR

$2,654

Rent

-$1,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,654 income − $4,192 expenses = $1,538 out of pocket

Income$2,654Out of Pocket$1,538Mortgage P&I$3,146119%Property Taxes$1275%Insurance$2299%Management$26510%CapEx$1335%Vacancy$1596%Maintenance$1335%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$126k

Closing costs

1%

$6,296

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,654

Total Expenses

$4,192

Mortgage P&I

119%

$3,146

Property Taxes

5%

$127

Home Insurance

9%

$229

HOA

0%

$0

Property Management

10%

$265

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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