REI Lense

REI Lense

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$1,114 (target)

2376 Old Milltown Rd, Nashville, GA 31639

3 beds • 2 baths • 704 sqft

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This property might be a fair Long-Term investment with a projected 2.98% first-year return on $27,405 initial cash invested.

2.98%

Cash On Cash

7.41%

Cap Rate

1.18

DSCR

$1,114

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,114 income − $1,046 expenses = $68 cash flow

Income$1,114Mortgage P&I$68261%Property Taxes$323%Insurance$424%Management$11110%CapEx$565%Vacancy$676%Maintenance$565%Cash Flow$68

Investment Breakdown

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Purchase Price

$131k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,405

Downpayment

20%

$26,100

Closing costs

1%

$1,305

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,114

Total Expenses

$1,046

Mortgage P&I

61%

$682

Property Taxes

3%

$32

Home Insurance

4%

$42

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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