REI Lense

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$3,189 (target)

278 Stillwood Dr, Newnan, GA 30265

3 beds • 3 baths • 1947 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $81,399 initial cash invested.

3.04%

Cash On Cash

7.28%

Cap Rate

1.22

DSCR

$3,189

Rent

$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,189 income − $2,983 expenses = $206 cash flow

Income$3,189Mortgage P&I$1,49847%Property Taxes$2478%Insurance$1174%HOA$351%Management$38312%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35111%Cash Flow$206

Investment Breakdown

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Purchase Price

$302k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,399

Downpayment

20%

$60,380

Closing costs

1%

$3,019

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,189

Total Expenses

$2,983

Mortgage P&I

47%

$1,498

Property Taxes

8%

$247

Home Insurance

4%

$117

HOA

1%

$35

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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