REI Lense

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$2,862 (target)

354 Ricks Rd, Lavonia, GA 30553

3 beds • 2 baths • 1780 sqft

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This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $78,900 initial cash invested.

0.79%

Cash On Cash

7.05%

Cap Rate

1.11

DSCR

$2,862

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,862 income − $2,810 expenses = $52 cash flow

Income$2,862Mortgage P&I$1,53754%Property Taxes$1997%Insurance$1024%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31511%Cash Flow$52

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,862

Total Expenses

$2,810

Mortgage P&I

54%

$1,537

Property Taxes

7%

$199

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$315

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