REI Lense

REI Lense

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$2,309 (target)

27 Jack Snipe Ct E, Richmond Hill, GA 31324

3 beds • 2 baths • 1414 sqft

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This property looks like a bad Long-Term investment with a projected -1.84% first-year return on $58,590 initial cash invested.

-1.84%

Cash On Cash

6.37%

Cap Rate

1.02

DSCR

$2,309

Rent

-$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,309 income − $2,399 expenses = $90 out of pocket

Income$2,309Out of Pocket$90Mortgage P&I$1,45763%Property Taxes$24210%Insurance$1004%Management$23110%CapEx$1155%Vacancy$1396%Maintenance$1155%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,590

Downpayment

20%

$55,800

Closing costs

1%

$2,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,309

Total Expenses

$2,399

Mortgage P&I

63%

$1,457

Property Taxes

10%

$242

Home Insurance

4%

$100

HOA

0%

$0

Property Management

10%

$231

CapEx

5%

$115

Vacancy

6%

$139

Maintenance

5%

$115

Other

0%

$0

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