REI Lense

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$1,953 (target)

5060 Pinefield Dr, Macon, GA 31206

3 beds • 2 baths • 1224 sqft

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This property might be a fair Mid-Term investment with a projected 9.79% first-year return on $48,555 initial cash invested.

9.79%

Cash On Cash

10.32%

Cap Rate

1.61

DSCR

$1,953

Rent

$396

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $1,557 expenses = $396 cash flow

Income$1,953Mortgage P&I$77740%Property Taxes$643%Insurance$523%Management$23412%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$396

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,555

Downpayment

20%

$29,100

Closing costs

1%

$1,455

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,953

Total Expenses

$1,557

Mortgage P&I

40%

$777

Property Taxes

3%

$64

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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