REI Lense

REI Lense

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$1,394 (target)

590 Bell Alley, Cairo, GA 39828

3 beds • 2 baths • 1208 sqft

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This property might be a fair Long-Term investment with a projected 5.3% first-year return on $30,576 initial cash invested.

5.3%

Cash On Cash

8.09%

Cap Rate

1.26

DSCR

$1,394

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,394 income − $1,259 expenses = $135 cash flow

Income$1,394Mortgage P&I$77756%Property Taxes$675%Insurance$524%Management$13910%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$135

Investment Breakdown

|

Purchase Price

$146k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,576

Downpayment

20%

$29,120

Closing costs

1%

$1,456

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,394

Total Expenses

$1,259

Mortgage P&I

56%

$777

Property Taxes

5%

$67

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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