REI Lense

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$2,013 (target)

2329 Ware St, Blackshear, GA 31516

3 beds • 3 baths • 1959 sqft

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This property might be a fair Long-Term investment with a projected 0.43% first-year return on $53,235 initial cash invested.

0.43%

Cash On Cash

6.52%

Cap Rate

1.1

DSCR

$2,013

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $1,994 expenses = $19 cash flow

Income$2,013Mortgage P&I$1,25862%Property Taxes$1216%Insurance$915%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%Cash Flow$19

Investment Breakdown

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Purchase Price

$254k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,235

Downpayment

20%

$50,700

Closing costs

1%

$2,535

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,013

Total Expenses

$1,994

Mortgage P&I

62%

$1,258

Property Taxes

6%

$121

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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