REI Lense

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$1,772 (target)

437 Tanner Farm Dr, Rockmart, GA 30153

3 beds • 2 baths • 1368 sqft

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This property looks like a bad Long-Term investment with a projected -7.96% first-year return on $56,385 initial cash invested.

-7.96%

Cash On Cash

4.85%

Cap Rate

0.79

DSCR

$1,772

Rent

-$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,772 income − $2,146 expenses = $374 out of pocket

Income$1,772Out of Pocket$374Mortgage P&I$1,37077%Property Taxes$21012%Insurance$1056%Management$17710%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,385

Downpayment

20%

$53,700

Closing costs

1%

$2,685

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,772

Total Expenses

$2,146

Mortgage P&I

77%

$1,370

Property Taxes

12%

$210

Home Insurance

6%

$105

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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