REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,995 (target)

401 Herrin Rd, Cornelia, GA 30531

3 beds • 4 baths • 3320 sqft

$1,925,000

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -26.64% first-year return on $404k initial cash invested.

-26.64%

Cash On Cash

0.64%

Cap Rate

0.1

DSCR

$2,995

Rent

-$8,973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1925k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$404k

Downpayment

20%

$385k

Closing costs

1%

$19,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,995

Total Expenses

$11,968

Mortgage P&I

329%

$9,854

Property Taxes

22%

$660

Home Insurance

23%

$674

HOA

0%

$0

Property Management

10%

$300

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis