REI Lense

REI Lense

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$2,925 (target)

503 Westwind Way, Ball Ground, GA 30107

3 beds • 2 baths • 1839 sqft

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This property looks like a bad Mid-Term investment with a projected -5.66% first-year return on $110k initial cash invested.

-5.66%

Cash On Cash

4.92%

Cap Rate

0.82

DSCR

$2,925

Rent

-$520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,925 income − $3,445 expenses = $520 out of pocket

Income$2,925Out of Pocket$520Mortgage P&I$2,20375%Property Taxes$702%Insurance$1585%HOA$191%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,925

Total Expenses

$3,445

Mortgage P&I

75%

$2,203

Property Taxes

2%

$70

Home Insurance

5%

$158

HOA

1%

$19

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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