REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3050 Highland Park Ln, Lithonia, GA 30038

3 beds • 3 baths • 1899 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.71% first-year return on $69,303 initial cash invested.

-20.71%

Cash On Cash

0.83%

Cap Rate

0.13

DSCR

$599

Rent

-$1,196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$599 income − $1,795 expenses = $1,196 out of pocket

Income$599Out of Pocket$1,196Mortgage P&I$1,340224%Property Taxes$8114%Insurance$8614%Management$9015%CapEx$244%Maintenance$244%Other$15025%

Investment Breakdown

|

Purchase Price

$244k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,303

Downpayment

20%

$48,860

Closing costs

1%

$2,443

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$599

Total Expenses

$1,795

Mortgage P&I

224%

$1,340

Property Taxes

14%

$81

Home Insurance

14%

$86

HOA

0%

$0

Property Management

15%

$90

CapEx

4%

$24

Vacancy

0%

$0

Maintenance

4%

$24

Other

25%

$150

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis