REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,249 (target)

5553 Checkered Spot Dr, Gainesville, GA 30506

3 beds • 2 baths • 2000 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.61% first-year return on $87,465 initial cash invested.

-12.61%

Cash On Cash

3.68%

Cap Rate

0.61

DSCR

$2,249

Rent

-$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $3,168 expenses = $919 out of pocket

Income$2,249Out of Pocket$919Mortgage P&I$2,08493%Property Taxes$33515%Insurance$1406%HOA$251%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,465

Downpayment

20%

$83,300

Closing costs

1%

$4,165

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,249

Total Expenses

$3,168

Mortgage P&I

93%

$2,084

Property Taxes

15%

$335

Home Insurance

6%

$140

HOA

1%

$25

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis