REI Lense

REI Lense

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$2,812 (target)

3142 Rocky Point Ct, Snellville, GA 30078

3 beds • 2 baths • 1541 sqft

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This property looks like a bad Mid-Term investment with a projected -4.86% first-year return on $92,676 initial cash invested.

-4.86%

Cash On Cash

4.94%

Cap Rate

0.85

DSCR

$2,812

Rent

-$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,676

Downpayment

20%

$71,120

Closing costs

1%

$3,556

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,812

Total Expenses

$3,187

Mortgage P&I

61%

$1,728

Property Taxes

13%

$379

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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