REI Lense

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$2,798 (target)

50 Fairhaven Dr, Newnan, GA 30263

3 beds • 2 baths • 1280 sqft

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This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $75,750 initial cash invested.

3.55%

Cash On Cash

7.41%

Cap Rate

1.25

DSCR

$2,798

Rent

$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $2,574 expenses = $224 cash flow

Income$2,798Mortgage P&I$1,36149%Property Taxes$1656%Insurance$963%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$224

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$2,574

Mortgage P&I

49%

$1,361

Property Taxes

6%

$165

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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