REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,400 (target)

244 S Piedmont Ave, Rockmart, GA 30153

3 beds • 2 baths • 2218 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.61% first-year return on $80,937 initial cash invested.

7.61%

Cash On Cash

8.65%

Cap Rate

1.43

DSCR

$3,400

Rent

$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,400 income − $2,887 expenses = $513 cash flow

Income$3,400Mortgage P&I$1,51144%Property Taxes$1153%Insurance$1053%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$513

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,937

Downpayment

20%

$59,940

Closing costs

1%

$2,997

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,400

Total Expenses

$2,887

Mortgage P&I

44%

$1,511

Property Taxes

3%

$115

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis