REI Lense

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$1,868 (target)

607 S Spring St, Greensboro, GA 30642

3 beds • 2 baths • 1418 sqft

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This property looks like a bad Long-Term investment with a projected -6.58% first-year return on $60,879 initial cash invested.

-6.58%

Cash On Cash

5.03%

Cap Rate

0.83

DSCR

$1,868

Rent

-$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,868 income − $2,202 expenses = $334 out of pocket

Income$1,868Out of Pocket$334Mortgage P&I$1,45678%Property Taxes$1548%Insurance$1076%Management$18710%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,868

Total Expenses

$2,202

Mortgage P&I

78%

$1,456

Property Taxes

8%

$154

Home Insurance

6%

$107

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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