REI Lense

REI Lense

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$1,713 (target)

415 Hickory St, Rossville, GA 30741

3 beds • 2 baths • 1513 sqft

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This property might be a fair Long-Term investment with a projected 1.46% first-year return on $41,139 initial cash invested.

1.46%

Cash On Cash

7.18%

Cap Rate

1.13

DSCR

$1,713

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,713 income − $1,663 expenses = $50 cash flow

Income$1,713Mortgage P&I$1,03660%Property Taxes$1076%Insurance$744%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$50

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,713

Total Expenses

$1,663

Mortgage P&I

60%

$1,036

Property Taxes

6%

$107

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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