REI Lense

REI Lense

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$2,562 (target)

305 N Lake Dr, Perry, GA 31069

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 5.72% first-year return on $65,250 initial cash invested.

5.72%

Cash On Cash

8.66%

Cap Rate

1.34

DSCR

$2,562

Rent

$311

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,562

Total Expenses

$2,251

Mortgage P&I

47%

$1,210

Property Taxes

4%

$92

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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