REI Lense

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$2,918 (target)

423 N Point Cir, Hartwell, GA 30643

3 beds • 2 baths • 1456 sqft

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This property might be a fair Mid-Term investment with a projected 5.27% first-year return on $74,973 initial cash invested.

5.27%

Cash On Cash

8.08%

Cap Rate

1.32

DSCR

$2,918

Rent

$329

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,918 income − $2,589 expenses = $329 cash flow

Income$2,918Mortgage P&I$1,38147%Property Taxes$1184%Insurance$973%Management$35012%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32111%Cash Flow$329

Investment Breakdown

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Purchase Price

$271k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,973

Downpayment

20%

$54,260

Closing costs

1%

$2,713

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,918

Total Expenses

$2,589

Mortgage P&I

47%

$1,381

Property Taxes

4%

$118

Home Insurance

3%

$97

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$321

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