REI Lense

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$2,336 (target)

375 Jones St, Ray City, GA 31645

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 2.34% first-year return on $67,560 initial cash invested.

2.34%

Cash On Cash

7.6%

Cap Rate

1.18

DSCR

$2,336

Rent

$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,336 income − $2,204 expenses = $132 cash flow

Income$2,336Mortgage P&I$1,27054%Property Taxes$572%Insurance$844%Management$28012%CapEx$934%Vacancy$703%Maintenance$934%Other$25711%Cash Flow$132

Investment Breakdown

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Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,560

Downpayment

20%

$47,200

Closing costs

1%

$2,360

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,336

Total Expenses

$2,204

Mortgage P&I

54%

$1,270

Property Taxes

2%

$57

Home Insurance

4%

$84

HOA

0%

$0

Property Management

12%

$280

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$257

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