REI Lense

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$1,948 (target)

4912 Hitchitee St, Columbus, GA 31907

3 beds • 2 baths • 1603 sqft

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This property might be a fair Mid-Term investment with a projected 8.68% first-year return on $47,841 initial cash invested.

8.68%

Cash On Cash

10.09%

Cap Rate

1.55

DSCR

$1,948

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,948 income − $1,602 expenses = $346 cash flow

Income$1,948Mortgage P&I$77140%Property Taxes$1196%Insurance$503%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$346

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,841

Downpayment

20%

$28,420

Closing costs

1%

$1,421

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,948

Total Expenses

$1,602

Mortgage P&I

40%

$771

Property Taxes

6%

$119

Home Insurance

3%

$50

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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