REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,740 (target)

506 E 26th Ave, Cordele, GA 31015

3 beds • 2 baths • 1836 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.93% first-year return on $59,937 initial cash invested.

-5.93%

Cash On Cash

5.15%

Cap Rate

0.79

DSCR

$1,740

Rent

-$296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $2,036 expenses = $296 out of pocket

Income$1,740Out of Pocket$296Mortgage P&I$1,08362%Property Taxes$28817%Insurance$734%Management$20912%CapEx$704%Vacancy$523%Maintenance$704%Other$19111%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,937

Downpayment

20%

$39,940

Closing costs

1%

$1,997

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,740

Total Expenses

$2,036

Mortgage P&I

62%

$1,083

Property Taxes

17%

$288

Home Insurance

4%

$73

HOA

0%

$0

Property Management

12%

$209

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$191

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis