REI Lense

REI Lense

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$891 (target)

407 Bullock Ave, Nashville, GA 31639

3 beds • 1 baths • 768 sqft

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This property might be a fair Long-Term investment with a projected 7.06% first-year return on $19,551 initial cash invested.

7.06%

Cash On Cash

8.38%

Cap Rate

1.33

DSCR

$891

Rent

$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$891 income − $776 expenses = $115 cash flow

Income$891Mortgage P&I$49055%Property Taxes$142%Insurance$404%Management$8910%CapEx$455%Vacancy$536%Maintenance$455%Cash Flow$115

Investment Breakdown

|

Purchase Price

$93,100

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$19,551

Downpayment

20%

$18,620

Closing costs

1%

$931

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$891

Total Expenses

$776

Mortgage P&I

55%

$490

Property Taxes

2%

$14

Home Insurance

4%

$40

HOA

0%

$0

Property Management

10%

$89

CapEx

5%

$45

Vacancy

6%

$53

Maintenance

5%

$45

Other

0%

$0

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