REI Lense

REI Lense

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$2,450 (target)

415 Highway 151, La Fayette, GA 30728

3 beds • 3 baths • 2815 sqft

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This property looks like a bad Long-Term investment with a projected -19.68% first-year return on $179k initial cash invested.

-19.68%

Cash On Cash

1.82%

Cap Rate

0.32

DSCR

$2,450

Rent

-$2,929

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,450 income − $5,379 expenses = $2,929 out of pocket

Income$2,450Out of Pocket$2,929Mortgage P&I$4,099167%Property Taxes$32913%Insurance$31513%Management$24510%CapEx$1225%Vacancy$1476%Maintenance$1225%

Investment Breakdown

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Purchase Price

$850k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$170k

Closing costs

1%

$8,503

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,450

Total Expenses

$5,379

Mortgage P&I

167%

$4,099

Property Taxes

13%

$329

Home Insurance

13%

$315

HOA

0%

$0

Property Management

10%

$245

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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