REI Lense

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$1,865 (target)

333 Race Horse Dr, Summerville, GA 30747

3 beds • 3 baths • 2254 sqft

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This property might be a fair Long-Term investment with a projected 4.92% first-year return on $41,727 initial cash invested.

4.92%

Cash On Cash

7.62%

Cap Rate

1.26

DSCR

$1,865

Rent

$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,865 income − $1,694 expenses = $171 cash flow

Income$1,865Mortgage P&I$99854%Property Taxes$442%Insurance$1689%Management$18610%CapEx$935%Vacancy$1126%Maintenance$935%Cash Flow$171

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,727

Downpayment

20%

$39,740

Closing costs

1%

$1,987

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,865

Total Expenses

$1,694

Mortgage P&I

54%

$998

Property Taxes

2%

$44

Home Insurance

9%

$168

HOA

0%

$0

Property Management

10%

$186

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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