REI Lense

REI Lense

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$1,603 (target)

305 Pearl Ave N, Douglas, GA 31533

3 beds • 2 baths • 1629 sqft

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This property might be a fair Long-Term investment with a projected 8.09% first-year return on $33,390 initial cash invested.

8.09%

Cash On Cash

8.73%

Cap Rate

1.36

DSCR

$1,603

Rent

$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,603 income − $1,378 expenses = $225 cash flow

Income$1,603Mortgage P&I$85253%Property Taxes$543%Insurance$563%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%Cash Flow$225

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,603

Total Expenses

$1,378

Mortgage P&I

53%

$852

Property Taxes

3%

$54

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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