REI Lense

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$2,267 (target)

244 S Piedmont Ave, Rockmart, GA 30153

3 beds • 2 baths • 2218 sqft

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This property looks like a bad Long-Term investment with a projected -1.01% first-year return on $62,937 initial cash invested.

-1.01%

Cash On Cash

6.29%

Cap Rate

1.04

DSCR

$2,267

Rent

-$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,267 income − $2,320 expenses = $53 out of pocket

Income$2,267Out of Pocket$53Mortgage P&I$1,51167%Property Taxes$1155%Insurance$1055%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,937

Downpayment

20%

$59,940

Closing costs

1%

$2,997

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,267

Total Expenses

$2,320

Mortgage P&I

67%

$1,511

Property Taxes

5%

$115

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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