REI Lense

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$2,854 (target)

303 Honeyberry Ln, Rossville, GA 30741

3 beds • 2 baths • 1529 sqft

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This property might be a fair Mid-Term investment with a projected 0.93% first-year return on $79,719 initial cash invested.

0.93%

Cash On Cash

6.82%

Cap Rate

1.12

DSCR

$2,854

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,854 income − $2,792 expenses = $62 cash flow

Income$2,854Mortgage P&I$1,49552%Property Taxes$2107%Insurance$1054%HOA$12Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%Cash Flow$62

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,719

Downpayment

20%

$58,780

Closing costs

1%

$2,939

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,854

Total Expenses

$2,792

Mortgage P&I

52%

$1,495

Property Taxes

7%

$210

Home Insurance

4%

$105

HOA

0%

$12

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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