REI Lense

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$1,728 (target)

2249 Mill Creek Rd, Rocky Face, GA 30740

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Long-Term investment with a projected -5.55% first-year return on $54,075 initial cash invested.

-5.55%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$1,728

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,728 income − $1,978 expenses = $250 out of pocket

Income$1,728Out of Pocket$250Mortgage P&I$1,28674%Property Taxes$1499%Insurance$945%Management$17310%CapEx$865%Vacancy$1046%Maintenance$865%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,075

Downpayment

20%

$51,500

Closing costs

1%

$2,575

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,728

Total Expenses

$1,978

Mortgage P&I

74%

$1,286

Property Taxes

9%

$149

Home Insurance

5%

$94

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$86

Vacancy

6%

$104

Maintenance

5%

$86

Other

0%

$0

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