REI Lense

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$3,318 (target)

3715 Shope Rd, Gainesville, GA 30506

3 beds • 3 baths • 2212 sqft

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This property looks like a bad Mid-Term investment with a projected -5.2% first-year return on $108k initial cash invested.

-5.2%

Cash On Cash

5.29%

Cap Rate

0.85

DSCR

$3,318

Rent

-$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,318 income − $3,784 expenses = $466 out of pocket

Income$3,318Out of Pocket$466Mortgage P&I$2,21367%Property Taxes$2889%Insurance$1545%Management$39812%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36511%

Investment Breakdown

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Purchase Price

$427k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,320

Closing costs

1%

$4,266

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,318

Total Expenses

$3,784

Mortgage P&I

67%

$2,213

Property Taxes

9%

$288

Home Insurance

5%

$154

HOA

0%

$0

Property Management

12%

$398

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$365

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