REI Lense

REI Lense

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$3,438 (target)

5335 Myras Ct, Cumming, GA 30040

3 beds • 2 baths • 1779 sqft

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This property looks like a bad Mid-Term investment with a projected -4.8% first-year return on $111k initial cash invested.

-4.8%

Cash On Cash

5.18%

Cap Rate

0.86

DSCR

$3,438

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$444k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,740

Closing costs

1%

$4,437

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,438

Total Expenses

$3,883

Mortgage P&I

65%

$2,224

Property Taxes

9%

$310

Home Insurance

5%

$158

HOA

1%

$21

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$378

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