REI Lense

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$3,202 (target)

316 Glazenwood Dr, Clarkesville, GA 30523

3 beds • 4 baths • 2710 sqft

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This property looks like a bad Long-Term investment with a projected -15.74% first-year return on $156k initial cash invested.

-15.74%

Cash On Cash

2.73%

Cap Rate

0.47

DSCR

$3,202

Rent

-$2,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,202 income − $5,255 expenses = $2,053 out of pocket

Income$3,202Out of Pocket$2,053Mortgage P&I$3,591112%Property Taxes$45314%Insurance$2628%HOA$1174%Management$32010%CapEx$1605%Vacancy$1926%Maintenance$1605%

Investment Breakdown

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Purchase Price

$745k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$149k

Closing costs

1%

$7,451

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,202

Total Expenses

$5,255

Mortgage P&I

112%

$3,591

Property Taxes

14%

$453

Home Insurance

8%

$262

HOA

4%

$117

Property Management

10%

$320

CapEx

5%

$160

Vacancy

6%

$192

Maintenance

5%

$160

Other

0%

$0

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