REI Lense

REI Lense

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$2,251 (target)

413 Lees Mill Rd, Fayetteville, GA 30214

3 beds • 2 baths • 1568 sqft

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This property looks like a bad Long-Term investment with a projected -9.52% first-year return on $76,902 initial cash invested.

-9.52%

Cash On Cash

4.46%

Cap Rate

0.73

DSCR

$2,251

Rent

-$610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,251 income − $2,861 expenses = $610 out of pocket

Income$2,251Out of Pocket$610Mortgage P&I$1,85883%Property Taxes$28813%Insurance$1296%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,902

Downpayment

20%

$73,240

Closing costs

1%

$3,662

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,251

Total Expenses

$2,861

Mortgage P&I

83%

$1,858

Property Taxes

13%

$288

Home Insurance

6%

$129

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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