REI Lense

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$1,885 (target)

524 Leguin Mill Rd, Locust Grove, GA 30248

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -8.38% first-year return on $57,540 initial cash invested.

-8.38%

Cash On Cash

4.46%

Cap Rate

0.77

DSCR

$1,885

Rent

-$402

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $2,287 expenses = $402 out of pocket

Income$1,885Out of Pocket$402Mortgage P&I$1,32670%Property Taxes$37620%Insurance$965%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,540

Downpayment

20%

$54,800

Closing costs

1%

$2,740

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$2,287

Mortgage P&I

70%

$1,326

Property Taxes

20%

$376

Home Insurance

5%

$96

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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