REI Lense

REI Lense

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$1,779 (target)

3413 Creekwood Dr SE, Conyers, GA 30094

3 beds • 2 baths • 1398 sqft

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This property looks like a bad Long-Term investment with a projected -7.3% first-year return on $52,080 initial cash invested.

-7.3%

Cash On Cash

5.45%

Cap Rate

0.83

DSCR

$1,779

Rent

-$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,779 income − $2,096 expenses = $317 out of pocket

Income$1,779Out of Pocket$317Mortgage P&I$1,35576%Property Taxes$19011%Insurance$885%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,080

Downpayment

20%

$49,600

Closing costs

1%

$2,480

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,779

Total Expenses

$2,096

Mortgage P&I

76%

$1,355

Property Taxes

11%

$190

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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