REI Lense

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$2,582 (target)

240 Creekwood Dr, Kingsland, GA 31548

3 beds • 2 baths • 1272 sqft

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This property might be a fair Mid-Term investment with a projected 0.25% first-year return on $76,905 initial cash invested.

0.25%

Cash On Cash

6.46%

Cap Rate

1.09

DSCR

$2,582

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $2,566 expenses = $16 cash flow

Income$2,582Mortgage P&I$1,39254%Property Taxes$1978%Insurance$1004%Management$31012%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$16

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,905

Downpayment

20%

$56,100

Closing costs

1%

$2,805

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,582

Total Expenses

$2,566

Mortgage P&I

54%

$1,392

Property Taxes

8%

$197

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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