REI Lense

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$1,972 (target)

3213 Alton Court, Augusta, GA 30909

3 beds • 3 baths • 1855 sqft

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This property looks like a bad Long-Term investment with a projected -4.6% first-year return on $54,243 initial cash invested.

-4.6%

Cash On Cash

5.5%

Cap Rate

0.92

DSCR

$1,972

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,972 income − $2,180 expenses = $208 out of pocket

Income$1,972Out of Pocket$208Mortgage P&I$1,29366%Property Taxes$26613%Insurance$1005%HOA$8Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,243

Downpayment

20%

$51,660

Closing costs

1%

$2,583

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,972

Total Expenses

$2,180

Mortgage P&I

66%

$1,293

Property Taxes

13%

$266

Home Insurance

5%

$100

HOA

0%

$8

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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