REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,061 (target)

362 Southgate Dr, Locust Grove, GA 30248

3 beds • 2 baths • 1883 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.89% first-year return on $62,013 initial cash invested.

-9.89%

Cash On Cash

4.26%

Cap Rate

0.72

DSCR

$2,061

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $2,572 expenses = $511 out of pocket

Income$2,061Out of Pocket$511Mortgage P&I$1,45671%Property Taxes$37018%Insurance$1055%HOA$1055%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,013

Downpayment

20%

$59,060

Closing costs

1%

$2,953

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,061

Total Expenses

$2,572

Mortgage P&I

71%

$1,456

Property Taxes

18%

$370

Home Insurance

5%

$105

HOA

5%

$105

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis