REI Lense

REI Lense

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$1,479 (target)

4120 Big Water East Rd, Sparta, GA 31087

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -21.9% first-year return on $111k initial cash invested.

-21.9%

Cash On Cash

1.59%

Cap Rate

0.26

DSCR

$1,479

Rent

-$2,022

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,479 income − $3,501 expenses = $2,022 out of pocket

Income$1,479Out of Pocket$2,022Mortgage P&I$2,649179%Property Taxes$27118%Insurance$19613%Management$14810%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$528k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,277

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,479

Total Expenses

$3,501

Mortgage P&I

179%

$2,649

Property Taxes

18%

$271

Home Insurance

13%

$196

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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