REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3422 Mill Creek Rd, Gainesville, GA 30506

3 beds • 2 baths • 1590 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.21% first-year return on $87,006 initial cash invested.

-2.21%

Cash On Cash

5.98%

Cap Rate

0.99

DSCR

$3,571

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,571 income − $3,731 expenses = $160 out of pocket

Income$3,571Out of Pocket$160Mortgage P&I$1,65446%Property Taxes$2306%Insurance$1264%HOA$6Management$53615%CapEx$1434%Maintenance$1434%Other$89325%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,006

Downpayment

20%

$65,720

Closing costs

1%

$3,286

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,571

Total Expenses

$3,731

Mortgage P&I

46%

$1,654

Property Taxes

6%

$230

Home Insurance

4%

$126

HOA

0%

$6

Property Management

15%

$536

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$893

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis