REI Lense

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$2,586 (target)

500 Ketron Dr, Clarkesville, GA 30523

3 beds • 2 baths • 1708 sqft

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This property looks like a bad Mid-Term investment with a projected -7.05% first-year return on $98,682 initial cash invested.

-7.05%

Cash On Cash

4.53%

Cap Rate

0.75

DSCR

$2,586

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,586 income − $3,166 expenses = $580 out of pocket

Income$2,586Out of Pocket$580Mortgage P&I$1,92875%Property Taxes$1927%Insurance$1686%Management$31012%CapEx$1034%Vacancy$783%Maintenance$1034%Other$28411%

Investment Breakdown

|

Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,682

Downpayment

20%

$76,840

Closing costs

1%

$3,842

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,586

Total Expenses

$3,166

Mortgage P&I

75%

$1,928

Property Taxes

7%

$192

Home Insurance

7%

$168

HOA

0%

$0

Property Management

12%

$310

CapEx

4%

$103

Vacancy

3%

$78

Maintenance

4%

$103

Other

11%

$284

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