REI Lense

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$2,560 (target)

302 E Smith Ave, Nashville, GA 31639

3 beds • 2 baths • 2198 sqft

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This property might be a fair Mid-Term investment with a projected 8.56% first-year return on $61,281 initial cash invested.

8.56%

Cash On Cash

9.48%

Cap Rate

1.49

DSCR

$2,560

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,560 income − $2,123 expenses = $437 cash flow

Income$2,560Mortgage P&I$1,09043%Property Taxes$833%Insurance$803%Management$30712%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28211%Cash Flow$437

Investment Breakdown

|

Purchase Price

$206k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,281

Downpayment

20%

$41,220

Closing costs

1%

$2,061

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,123

Mortgage P&I

43%

$1,090

Property Taxes

3%

$83

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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