REI Lense

REI Lense

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$1,542 (target)

324 Broad St, Chatsworth, GA 30705

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -7.49% first-year return on $53,529 initial cash invested.

-7.49%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$1,542

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,542 income − $1,876 expenses = $334 out of pocket

Income$1,542Out of Pocket$334Mortgage P&I$1,29784%Property Taxes$896%Insurance$896%Management$15410%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,529

Downpayment

20%

$50,980

Closing costs

1%

$2,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,542

Total Expenses

$1,876

Mortgage P&I

84%

$1,297

Property Taxes

6%

$89

Home Insurance

6%

$89

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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