REI Lense

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$2,518 (target)

474 W Main St, Forsyth, GA 31029

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 17% first-year return on $50,319 initial cash invested.

17%

Cash On Cash

12.86%

Cap Rate

1.97

DSCR

$2,518

Rent

$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $1,805 expenses = $713 cash flow

Income$2,518Mortgage P&I$83533%Property Taxes$522%Insurance$612%Management$30212%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27711%Cash Flow$713

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,319

Downpayment

20%

$30,780

Closing costs

1%

$1,539

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$1,805

Mortgage P&I

33%

$835

Property Taxes

2%

$52

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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