REI Lense

REI Lense

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$1,744 (target)

2275 E Houze Rd, Fort Valley, GA 31030

3 beds • 2 baths • 1864 sqft

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This property looks like a bad Long-Term investment with a projected -1.76% first-year return on $47,145 initial cash invested.

-1.76%

Cash On Cash

6.33%

Cap Rate

1.02

DSCR

$1,744

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,744 income − $1,813 expenses = $69 out of pocket

Income$1,744Out of Pocket$69Mortgage P&I$1,16667%Property Taxes$1207%Insurance$744%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,145

Downpayment

20%

$44,900

Closing costs

1%

$2,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,744

Total Expenses

$1,813

Mortgage P&I

67%

$1,166

Property Taxes

7%

$120

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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