REI Lense

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$1,804 (target)

2661 Connally Dr, East Pt, GA 30344

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -0.62% first-year return on $42,903 initial cash invested.

-0.62%

Cash On Cash

6.54%

Cap Rate

1.07

DSCR

$1,804

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,804 income − $1,826 expenses = $22 out of pocket

Income$1,804Out of Pocket$22Mortgage P&I$1,04658%Property Taxes$19311%Insurance$1197%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$204k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,903

Downpayment

20%

$40,860

Closing costs

1%

$2,043

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,804

Total Expenses

$1,826

Mortgage P&I

58%

$1,046

Property Taxes

11%

$193

Home Insurance

7%

$119

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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