REI Lense

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$1,358 (target)

2310 Whispering Pines Rd, Albany, GA 31707

3 beds • 2 baths • 1421 sqft

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This property looks like a bad Long-Term investment with a projected -1.61% first-year return on $33,579 initial cash invested.

-1.61%

Cash On Cash

6.72%

Cap Rate

1.03

DSCR

$1,358

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,358 income − $1,403 expenses = $45 out of pocket

Income$1,358Out of Pocket$45Mortgage P&I$87364%Property Taxes$1219%Insurance$564%Management$13610%CapEx$685%Vacancy$816%Maintenance$685%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,358

Total Expenses

$1,403

Mortgage P&I

64%

$873

Property Taxes

9%

$121

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$81

Maintenance

5%

$68

Other

0%

$0

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