REI Lense

REI Lense

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$2,910 (target)

2402 Zoar Rd, Baxley, GA 31513

3 beds • 2 baths • 1972 sqft

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This property looks like a bad Mid-Term investment with a projected -0.01% first-year return on $85,326 initial cash invested.

-0.01%

Cash On Cash

6.54%

Cap Rate

1.07

DSCR

$2,910

Rent

-$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,910 income − $2,911 expenses = $1 out of pocket

Income$2,910Out of Pocket$1Mortgage P&I$1,63156%Property Taxes$1756%Insurance$1174%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,326

Downpayment

20%

$64,120

Closing costs

1%

$3,206

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,910

Total Expenses

$2,911

Mortgage P&I

56%

$1,631

Property Taxes

6%

$175

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

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