REI Lense

REI Lense

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$2,154 (target)

3312 Clearview Dr, Gainesville, GA 30506

3 beds • 3 baths • 1828 sqft

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This property looks like a bad Long-Term investment with a projected -11.78% first-year return on $82,173 initial cash invested.

-11.78%

Cash On Cash

3.89%

Cap Rate

0.64

DSCR

$2,154

Rent

-$807

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,154 income − $2,961 expenses = $807 out of pocket

Income$2,154Out of Pocket$807Mortgage P&I$1,96691%Property Taxes$29514%Insurance$1406%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,173

Downpayment

20%

$78,260

Closing costs

1%

$3,913

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,154

Total Expenses

$2,961

Mortgage P&I

91%

$1,966

Property Taxes

14%

$295

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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