REI Lense

REI Lense

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$1,558 (target)

230 Camp Ground Rd, Griffin, GA 30223

3 beds • 2 baths • 1344 sqft

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This property might be a fair Long-Term investment with a projected 0.27% first-year return on $31,689 initial cash invested.

0.27%

Cash On Cash

7.27%

Cap Rate

1.1

DSCR

$1,558

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,558 income − $1,551 expenses = $7 cash flow

Income$1,558Mortgage P&I$82953%Property Taxes$23915%Insurance$785%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%Cash Flow$7

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,689

Downpayment

20%

$30,180

Closing costs

1%

$1,509

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,558

Total Expenses

$1,551

Mortgage P&I

53%

$829

Property Taxes

15%

$239

Home Insurance

5%

$78

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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