REI Lense

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$2,475 (target)

30 Watson Rd, Forsyth, GA 31029

3 beds • 2 baths • 1474 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $76,296 initial cash invested.

-1.53%

Cash On Cash

6.28%

Cap Rate

1

DSCR

$2,475

Rent

-$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,475 income − $2,572 expenses = $97 out of pocket

Income$2,475Out of Pocket$97Mortgage P&I$1,45059%Property Taxes$1817%Insurance$1004%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,296

Downpayment

20%

$55,520

Closing costs

1%

$2,776

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$2,572

Mortgage P&I

59%

$1,450

Property Taxes

7%

$181

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

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