REI Lense

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$3,400 (target)

4903 Eagles Ridge Loop, Lithonia, GA 30038

3 beds • 3 baths • 2451 sqft

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This property might be a fair Mid-Term investment with a projected 1% first-year return on $98,787 initial cash invested.

1%

Cash On Cash

6.72%

Cap Rate

1.11

DSCR

$3,400

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,400 income − $3,318 expenses = $82 cash flow

Income$3,400Mortgage P&I$1,93657%Property Taxes$522%Insurance$1364%HOA$381%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$82

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,787

Downpayment

20%

$76,940

Closing costs

1%

$3,847

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,400

Total Expenses

$3,318

Mortgage P&I

57%

$1,936

Property Taxes

2%

$52

Home Insurance

4%

$136

HOA

1%

$38

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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