REI Lense

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$2,358 (target)

363 Edgewater Dr, Macon, GA 31220

3 beds • 2 baths • 1599 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $72,936 initial cash invested.

-1.53%

Cash On Cash

6.23%

Cap Rate

1

DSCR

$2,358

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,358 income − $2,451 expenses = $93 out of pocket

Income$2,358Out of Pocket$93Mortgage P&I$1,35758%Property Taxes$1366%Insurance$944%HOA$633%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$25911%

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,936

Downpayment

20%

$52,320

Closing costs

1%

$2,616

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,358

Total Expenses

$2,451

Mortgage P&I

58%

$1,357

Property Taxes

6%

$136

Home Insurance

4%

$94

HOA

3%

$63

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$259

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