REI Lense

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$2,472 (target)

2603 Whispering Pines Dr, Grayson, GA 30017

3 beds • 3 baths • 2498 sqft

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This property looks like a bad Long-Term investment with a projected -11.65% first-year return on $87,990 initial cash invested.

-11.65%

Cash On Cash

3.92%

Cap Rate

0.65

DSCR

$2,472

Rent

-$854

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,472 income − $3,326 expenses = $854 out of pocket

Income$2,472Out of Pocket$854Mortgage P&I$2,10085%Property Taxes$37115%Insurance$1496%HOA$633%Management$24710%CapEx$1245%Vacancy$1486%Maintenance$1245%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,990

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,472

Total Expenses

$3,326

Mortgage P&I

85%

$2,100

Property Taxes

15%

$371

Home Insurance

6%

$149

HOA

3%

$63

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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