REI Lense

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$2,592 (target)

2249 Mill Creek Rd, Rocky Face, GA 30740

3 beds • 2 baths • 1824 sqft

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This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $72,075 initial cash invested.

3.01%

Cash On Cash

7.32%

Cap Rate

1.22

DSCR

$2,592

Rent

$181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,592 income − $2,411 expenses = $181 cash flow

Income$2,592Mortgage P&I$1,28650%Property Taxes$1496%Insurance$944%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$181

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,592

Total Expenses

$2,411

Mortgage P&I

50%

$1,286

Property Taxes

6%

$149

Home Insurance

4%

$94

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

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