REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,802 (target)

39 Joanna Ct, Morganton, GA 30560

3 beds • 3 baths • 1274 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.95% first-year return on $140k initial cash invested.

-12.95%

Cash On Cash

3.35%

Cap Rate

0.58

DSCR

$2,802

Rent

-$1,516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $4,318 expenses = $1,516 out of pocket

Income$2,802Out of Pocket$1,516Mortgage P&I$3,242116%Property Taxes$1144%Insurance$2348%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$134k

Closing costs

1%

$6,690

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,802

Total Expenses

$4,318

Mortgage P&I

116%

$3,242

Property Taxes

4%

$114

Home Insurance

8%

$234

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis