REI Lense

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$1,108 (target)

2600 Pennsylvania Ave, Waycross, GA 31503

3 beds • 2 baths • 1130 sqft

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This property looks like a bad Long-Term investment with a projected -2.39% first-year return on $28,140 initial cash invested.

-2.39%

Cash On Cash

6.41%

Cap Rate

1

DSCR

$1,108

Rent

-$56

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,108 income − $1,164 expenses = $56 out of pocket

Income$1,108Out of Pocket$56Mortgage P&I$71765%Property Taxes$11310%Insurance$474%Management$11110%CapEx$555%Vacancy$666%Maintenance$555%

Investment Breakdown

|

Purchase Price

$134k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,140

Downpayment

20%

$26,800

Closing costs

1%

$1,340

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,108

Total Expenses

$1,164

Mortgage P&I

65%

$717

Property Taxes

10%

$113

Home Insurance

4%

$47

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

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