REI Lense

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$2,198 (target)

457 Castleaire Dr, Stone Mountain, GA 30087

3 beds • 3 baths • 1838 sqft

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This property looks like a bad Long-Term investment with a projected -15.88% first-year return on $96,600 initial cash invested.

-15.88%

Cash On Cash

2.99%

Cap Rate

0.5

DSCR

$2,198

Rent

-$1,278

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,198 income − $3,476 expenses = $1,278 out of pocket

Income$2,198Out of Pocket$1,278Mortgage P&I$2,316105%Property Taxes$42719%Insurance$1617%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$460k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,600

Downpayment

20%

$92,000

Closing costs

1%

$4,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,198

Total Expenses

$3,476

Mortgage P&I

105%

$2,316

Property Taxes

19%

$427

Home Insurance

7%

$161

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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