REI Lense

REI Lense

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$1,704 (target)

3938 Hartness St, Macon, GA 31204

3 beds • 2 baths • 1250 sqft

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This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $49,605 initial cash invested.

5.01%

Cash On Cash

8.6%

Cap Rate

1.34

DSCR

$1,704

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,605

Downpayment

20%

$30,100

Closing costs

1%

$1,505

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,704

Total Expenses

$1,497

Mortgage P&I

47%

$803

Property Taxes

4%

$62

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$204

CapEx

4%

$68

Vacancy

3%

$51

Maintenance

4%

$68

Other

11%

$187

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