REI Lense

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$2,160 (target)

602 Grant St, Warner Robins, GA 31088

3 beds • 2 baths • 1413 sqft

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This property might be a fair Mid-Term investment with a projected 5% first-year return on $57,795 initial cash invested.

5%

Cash On Cash

8.51%

Cap Rate

1.32

DSCR

$2,160

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,160 income − $1,919 expenses = $241 cash flow

Income$2,160Mortgage P&I$1,01747%Property Taxes$1025%Insurance$663%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23811%Cash Flow$241

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,795

Downpayment

20%

$37,900

Closing costs

1%

$1,895

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,160

Total Expenses

$1,919

Mortgage P&I

47%

$1,017

Property Taxes

5%

$102

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$238

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