REI Lense

REI Lense

Unlock all features! Tap here to upgrade

408 N Lee St, Quitman, GA 31643

3 beds • 2 baths • 1988 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.5% first-year return on $49,290 initial cash invested.

-8.5%

Cash On Cash

3.94%

Cap Rate

0.61

DSCR

$1,056

Rent

-$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,056 income − $1,405 expenses = $349 out of pocket

Income$1,056Out of Pocket$349Mortgage P&I$79675%Property Taxes$515%Insurance$525%Management$15815%CapEx$424%Maintenance$424%Other$26425%

Investment Breakdown

|

Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,290

Downpayment

20%

$29,800

Closing costs

1%

$1,490

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,056

Total Expenses

$1,405

Mortgage P&I

75%

$796

Property Taxes

5%

$51

Home Insurance

5%

$52

HOA

0%

$0

Property Management

15%

$158

CapEx

4%

$42

Vacancy

0%

$0

Maintenance

4%

$42

Other

25%

$264

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis