REI Lense

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$3,214 (target)

295 Fred King Rd, Hartwell, GA 30643

3 beds • 2 baths • 1649 sqft

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This property might be a fair Mid-Term investment with a projected 0.3% first-year return on $94,671 initial cash invested.

0.3%

Cash On Cash

6.53%

Cap Rate

1.08

DSCR

$3,214

Rent

$24

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $3,190 expenses = $24 cash flow

Income$3,214Mortgage P&I$1,83457%Property Taxes$1314%Insurance$1314%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%Cash Flow$24

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,671

Downpayment

20%

$73,020

Closing costs

1%

$3,651

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$3,190

Mortgage P&I

57%

$1,834

Property Taxes

4%

$131

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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