REI Lense

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$1,707 (target)

302 E Smith Ave, Nashville, GA 31639

3 beds • 2 baths • 2198 sqft

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This property might be a fair Long-Term investment with a projected 0.3% first-year return on $43,281 initial cash invested.

0.3%

Cash On Cash

6.91%

Cap Rate

1.09

DSCR

$1,707

Rent

$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,707 income − $1,696 expenses = $11 cash flow

Income$1,707Mortgage P&I$1,09064%Property Taxes$835%Insurance$805%Management$17110%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$11

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,281

Downpayment

20%

$41,220

Closing costs

1%

$2,061

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,707

Total Expenses

$1,696

Mortgage P&I

64%

$1,090

Property Taxes

5%

$83

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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