REI Lense

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$3,030 (target)

308 N Point Cir, Hartwell, GA 30643

3 beds • 2 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 4.63% first-year return on $79,257 initial cash invested.

4.63%

Cash On Cash

7.77%

Cap Rate

1.29

DSCR

$3,030

Rent

$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,030 income − $2,724 expenses = $306 cash flow

Income$3,030Mortgage P&I$1,46248%Property Taxes$1274%Insurance$1053%Management$36412%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%Cash Flow$306

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,257

Downpayment

20%

$58,340

Closing costs

1%

$2,917

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,030

Total Expenses

$2,724

Mortgage P&I

48%

$1,462

Property Taxes

4%

$127

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$364

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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