REI Lense

REI Lense

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$2,800 (target)

2987 Overwood Ln, Snellville, GA 30078

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $89,190 initial cash invested.

0.93%

Cash On Cash

6.47%

Cap Rate

1.11

DSCR

$2,800

Rent

$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,190

Downpayment

20%

$67,800

Closing costs

1%

$3,390

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,800

Total Expenses

$2,731

Mortgage P&I

59%

$1,647

Property Taxes

0%

$13

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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