REI Lense

REI Lense

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$2,192 (target)

324 Palmyra Rd, Leesburg, GA 31763

3 beds • 2 baths • 2022 sqft

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This property looks like a bad Long-Term investment with a projected -13.81% first-year return on $87,948 initial cash invested.

-13.81%

Cash On Cash

3.48%

Cap Rate

0.57

DSCR

$2,192

Rent

-$1,012

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,192 income − $3,204 expenses = $1,012 out of pocket

Income$2,192Out of Pocket$1,012Mortgage P&I$2,11596%Property Taxes$36917%Insurance$1497%Management$21910%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,948

Downpayment

20%

$83,760

Closing costs

1%

$4,188

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,192

Total Expenses

$3,204

Mortgage P&I

96%

$2,115

Property Taxes

17%

$369

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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