REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2889 Mount Olive Dr, Decatur, GA 30033

3 beds • 2 baths • 1330 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $95,214 initial cash invested.

-11.56%

Cash On Cash

3.68%

Cap Rate

0.64

DSCR

$2,420

Rent

-$917

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,214

Downpayment

20%

$90,680

Closing costs

1%

$4,534

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,420

Total Expenses

$3,337

Mortgage P&I

90%

$2,186

Property Taxes

15%

$361

Home Insurance

7%

$161

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

3119 Medley Rdg, Decatur, GA 30033

$2,350

3

2

1288

0.8 mi

1220 Blueberry Trl, Decatur, GA 30033

$2,580

3

2

1468

0.2 mi

1057 Latham Rd, Decatur, GA 30033

$2,050

3

2

1226

0.5 mi

1016 Greenbriar Cir, Decatur, GA 30033

$2,425

3

2

1450

0.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis