REI Lense

REI Lense

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$2,019 (target)

2845 Hearn Rd NW, Monroe, GA 30656

3 beds • 2 baths • 1682 sqft

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This property looks like a bad Long-Term investment with a projected -20.17% first-year return on $110k initial cash invested.

-20.17%

Cash On Cash

2.36%

Cap Rate

0.37

DSCR

$2,019

Rent

-$1,851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,019 income − $3,870 expenses = $1,851 out of pocket

Income$2,019Out of Pocket$1,851Mortgage P&I$2,781138%Property Taxes$37218%Insurance$19210%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,245

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,019

Total Expenses

$3,870

Mortgage P&I

138%

$2,781

Property Taxes

18%

$372

Home Insurance

10%

$192

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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