REI Lense

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$1,603 (target)

318 Thorn Thicket Way, Rockmart, GA 30153

3 beds • 2 baths • 1115 sqft

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This property looks like a bad Long-Term investment with a projected -8.97% first-year return on $49,077 initial cash invested.

-8.97%

Cash On Cash

5.13%

Cap Rate

0.78

DSCR

$1,603

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,603 income − $1,970 expenses = $367 out of pocket

Income$1,603Out of Pocket$367Mortgage P&I$1,28680%Property Taxes$18612%Insurance$825%Management$16010%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,077

Downpayment

20%

$46,740

Closing costs

1%

$2,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,603

Total Expenses

$1,970

Mortgage P&I

80%

$1,286

Property Taxes

12%

$186

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$160

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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