REI Lense

REI Lense

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Target property

3464 Maynard Cir, Gainesville, GA 30506

3 beds • 2 baths • 3062 sqft

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This property looks like a bad Airbnb investment with a projected -29.5% first-year return on $207k initial cash invested.

-29.5%

Cash On Cash

-0.97%

Cap Rate

-0.17

DSCR

$0

Rent

-$5,089

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $5,089 expenses = $5,089 out of pocket

Income$0Out of Pocket$5,089Mortgage P&I$4,364Property Taxes$410Insurance$315

Investment Breakdown

|

Purchase Price

$900k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$9,000

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$0

Total Expenses

$5,089

Mortgage P&I

43640000%

$4,364

Property Taxes

4100000%

$410

Home Insurance

3150000%

$315

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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