REI Lense

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$2,446 (target)

275 Morton Rd, Gray, GA 31032

3 beds • 2 baths • 1440 sqft

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This property could be a profitable Mid-Term investment with a projected 12.01% first-year return on $52,650 initial cash invested.

12.01%

Cash On Cash

11.03%

Cap Rate

1.7

DSCR

$2,446

Rent

$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,446 income − $1,919 expenses = $527 cash flow

Income$2,446Mortgage P&I$89236%Property Taxes$1376%Insurance$582%Management$29412%CapEx$984%Vacancy$733%Maintenance$984%Other$26911%Cash Flow$527

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,446

Total Expenses

$1,919

Mortgage P&I

36%

$892

Property Taxes

6%

$137

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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