REI Lense

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$1,800 (target)

5009 N Redan Cir, Stone Mountain, GA 30088

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -3.86% first-year return on $49,056 initial cash invested.

-3.86%

Cash On Cash

5.89%

Cap Rate

0.94

DSCR

$1,800

Rent

-$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,800 income − $1,958 expenses = $158 out of pocket

Income$1,800Out of Pocket$158Mortgage P&I$1,21568%Property Taxes$19311%Insurance$825%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$234k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,056

Downpayment

20%

$46,720

Closing costs

1%

$2,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$1,958

Mortgage P&I

68%

$1,215

Property Taxes

11%

$193

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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