REI Lense

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$1,880 (target)

58 Alps Ct, Fairburn, GA 30213

3 beds • 2 baths • 1630 sqft

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This property might be a fair Long-Term investment with a projected 0.37% first-year return on $45,990 initial cash invested.

0.37%

Cash On Cash

6.83%

Cap Rate

1.09

DSCR

$1,880

Rent

$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,880 income − $1,866 expenses = $14 cash flow

Income$1,880Mortgage P&I$1,13961%Property Taxes$1548%Insurance$844%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$14

Investment Breakdown

|

Purchase Price

$219k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,990

Downpayment

20%

$43,800

Closing costs

1%

$2,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,880

Total Expenses

$1,866

Mortgage P&I

61%

$1,139

Property Taxes

8%

$154

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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