REI Lense

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$2,928 (target)

504 Somerset Rd, Saint Marys, GA 31558

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $77,997 initial cash invested.

2.26%

Cash On Cash

7.06%

Cap Rate

1.19

DSCR

$2,928

Rent

$147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,928 income − $2,781 expenses = $147 cash flow

Income$2,928Mortgage P&I$1,41848%Property Taxes$2669%Insurance$1023%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$147

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,928

Total Expenses

$2,781

Mortgage P&I

48%

$1,418

Property Taxes

9%

$266

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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