REI Lense

REI Lense

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$2,854 (target)

3550 Clubhouse Ln SE, Conyers, GA 30094

3 beds • 2 baths • 1922 sqft

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This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $74,280 initial cash invested.

4.07%

Cash On Cash

7.48%

Cap Rate

1.28

DSCR

$2,854

Rent

$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,280

Downpayment

20%

$53,600

Closing costs

1%

$2,680

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,854

Total Expenses

$2,602

Mortgage P&I

46%

$1,304

Property Taxes

8%

$231

Home Insurance

3%

$94

HOA

0%

$3

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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