REI Lense

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$3,016 (target)

320 Locust Rd, Locust Grove, GA 30248

3 beds • 3 baths • 1973 sqft

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This property looks like a bad Mid-Term investment with a projected -0.78% first-year return on $84,192 initial cash invested.

-0.78%

Cash On Cash

6.22%

Cap Rate

1.04

DSCR

$3,016

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,016 income − $3,071 expenses = $55 out of pocket

Income$3,016Out of Pocket$55Mortgage P&I$1,56752%Property Taxes$36612%Insurance$1124%Management$36212%CapEx$1214%Vacancy$903%Maintenance$1214%Other$33211%

Investment Breakdown

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Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,192

Downpayment

20%

$63,040

Closing costs

1%

$3,152

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,016

Total Expenses

$3,071

Mortgage P&I

52%

$1,567

Property Taxes

12%

$366

Home Insurance

4%

$112

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$90

Maintenance

4%

$121

Other

11%

$332

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