REI Lense

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$3,234 (target)

276 Bennett Rd, Homer, GA 30547

3 beds • 5 baths • 1744 sqft

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This property looks like a bad Mid-Term investment with a projected -0.28% first-year return on $92,970 initial cash invested.

-0.28%

Cash On Cash

6.32%

Cap Rate

1.06

DSCR

$3,234

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,234 income − $3,256 expenses = $22 out of pocket

Income$3,234Out of Pocket$22Mortgage P&I$1,77255%Property Taxes$2608%Insurance$1254%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,970

Downpayment

20%

$71,400

Closing costs

1%

$3,570

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,234

Total Expenses

$3,256

Mortgage P&I

55%

$1,772

Property Taxes

8%

$260

Home Insurance

4%

$125

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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