REI Lense

REI Lense

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$1,740 (target)

2914 Landmark Dr SE, Conyers, GA 30094

3 beds • 2 baths • 1593 sqft

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This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $52,500 initial cash invested.

-9.99%

Cash On Cash

4.8%

Cap Rate

0.74

DSCR

$1,740

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $2,177 expenses = $437 out of pocket

Income$1,740Out of Pocket$437Mortgage P&I$1,35178%Property Taxes$28616%Insurance$885%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,740

Total Expenses

$2,177

Mortgage P&I

78%

$1,351

Property Taxes

16%

$286

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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