REI Lense

REI Lense

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$1,295 (target)

2915 Beacon Ave, Columbus, GA 31904

3 beds • 2 baths • 1780 sqft

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This property might be a fair Long-Term investment with a projected 6.01% first-year return on $26,775 initial cash invested.

6.01%

Cash On Cash

8.31%

Cap Rate

1.29

DSCR

$1,295

Rent

$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,295 income − $1,161 expenses = $134 cash flow

Income$1,295Mortgage P&I$68453%Property Taxes$947%Insurance$453%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%Cash Flow$134

Investment Breakdown

|

Purchase Price

$128k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,775

Downpayment

20%

$25,500

Closing costs

1%

$1,275

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,295

Total Expenses

$1,161

Mortgage P&I

53%

$684

Property Taxes

7%

$94

Home Insurance

3%

$45

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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