REI Lense

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$2,547 (target)

2912 Palm Dr, East Pt, GA 30344

3 beds • 2 baths • 1050 sqft

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This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $73,041 initial cash invested.

3.11%

Cash On Cash

7.36%

Cap Rate

1.22

DSCR

$2,547

Rent

$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $2,358 expenses = $189 cash flow

Income$2,547Mortgage P&I$1,31752%Property Taxes$823%Insurance$934%Management$30612%CapEx$1024%Vacancy$763%Maintenance$1024%Other$28011%Cash Flow$189

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,041

Downpayment

20%

$52,420

Closing costs

1%

$2,621

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,547

Total Expenses

$2,358

Mortgage P&I

52%

$1,317

Property Taxes

3%

$82

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$280

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