REI Lense

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$1,803 (target)

401 Allen St, Americus, GA 31719

3 beds • 2 baths • 1343 sqft

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This property might be a fair Mid-Term investment with a projected 8.18% first-year return on $47,400 initial cash invested.

8.18%

Cash On Cash

9.87%

Cap Rate

1.52

DSCR

$1,803

Rent

$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,803 income − $1,480 expenses = $323 cash flow

Income$1,803Mortgage P&I$75642%Property Taxes$633%Insurance$493%Management$21612%CapEx$724%Vacancy$543%Maintenance$724%Other$19811%Cash Flow$323

Investment Breakdown

|

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,803

Total Expenses

$1,480

Mortgage P&I

42%

$756

Property Taxes

3%

$63

Home Insurance

3%

$49

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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