REI Lense

REI Lense

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$2,616 (target)

3382 Trotters Ridge Trl, Gray, GA 31032

3 beds • 2 baths • 1419 sqft

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This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $67,224 initial cash invested.

4.09%

Cash On Cash

8.12%

Cap Rate

1.27

DSCR

$2,616

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$234k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,224

Downpayment

20%

$46,880

Closing costs

1%

$2,344

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,616

Total Expenses

$2,387

Mortgage P&I

48%

$1,252

Property Taxes

7%

$184

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$78

Maintenance

4%

$105

Other

11%

$288

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