REI Lense

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$3,862 (target)

306 Park Chase Ct, Griffin, GA 30224

3 beds • 3 baths • 2990 sqft

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This property might be a fair Mid-Term investment with a projected 4.33% first-year return on $89,148 initial cash invested.

4.33%

Cash On Cash

7.68%

Cap Rate

1.28

DSCR

$3,862

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,862 income − $3,540 expenses = $322 cash flow

Income$3,862Mortgage P&I$1,69244%Property Taxes$39410%Insurance$1213%HOA$211%Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$322

Investment Breakdown

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Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,148

Downpayment

20%

$67,760

Closing costs

1%

$3,388

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,862

Total Expenses

$3,540

Mortgage P&I

44%

$1,692

Property Taxes

10%

$394

Home Insurance

3%

$121

HOA

1%

$21

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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