REI Lense

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$2,194 (target)

3 Wilma St, Statesboro, GA 30458

3 beds • 2 baths • 1360 sqft

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This property could be a profitable Mid-Term investment with a projected 12.44% first-year return on $50,361 initial cash invested.

12.44%

Cash On Cash

11.05%

Cap Rate

1.75

DSCR

$2,194

Rent

$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,194 income − $1,672 expenses = $522 cash flow

Income$2,194Mortgage P&I$80937%Property Taxes$753%Insurance$422%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$522

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,361

Downpayment

20%

$30,820

Closing costs

1%

$1,541

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,194

Total Expenses

$1,672

Mortgage P&I

37%

$809

Property Taxes

3%

$75

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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