REI Lense

REI Lense

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$2,251 (target)

229 Torrington Blvd, Thomasville, GA 31757

3 beds • 2 baths • 1605 sqft

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This property looks like a bad Long-Term investment with a projected -10.4% first-year return on $77,091 initial cash invested.

-10.4%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$2,251

Rent

-$668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,251 income − $2,919 expenses = $668 out of pocket

Income$2,251Out of Pocket$668Mortgage P&I$1,83782%Property Taxes$24511%Insurance$1286%HOA$1235%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,091

Downpayment

20%

$73,420

Closing costs

1%

$3,671

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,251

Total Expenses

$2,919

Mortgage P&I

82%

$1,837

Property Taxes

11%

$245

Home Insurance

6%

$128

HOA

5%

$123

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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