REI Lense

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$2,716 (target)

2712 Sherlock Dr, Decatur, GA 30034

3 beds • 3 baths • 4023 sqft

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This property looks like a bad Mid-Term investment with a projected -1.84% first-year return on $74,868 initial cash invested.

-1.84%

Cash On Cash

6.15%

Cap Rate

1

DSCR

$2,716

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,716 income − $2,831 expenses = $115 out of pocket

Income$2,716Out of Pocket$115Mortgage P&I$1,39451%Property Taxes$41715%Insurance$964%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%

Investment Breakdown

|

Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,868

Downpayment

20%

$54,160

Closing costs

1%

$2,708

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,716

Total Expenses

$2,831

Mortgage P&I

51%

$1,394

Property Taxes

15%

$417

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

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