REI Lense

REI Lense

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$2,204 (target)

61 Valley Breeze Dr, Ringgold, GA 30736

3 beds • 3 baths • 2350 sqft

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This property looks like a bad Long-Term investment with a projected -8.81% first-year return on $78,897 initial cash invested.

-8.81%

Cash On Cash

4.32%

Cap Rate

0.74

DSCR

$2,204

Rent

-$579

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,897

Downpayment

20%

$75,140

Closing costs

1%

$3,757

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,204

Total Expenses

$2,783

Mortgage P&I

83%

$1,821

Property Taxes

12%

$255

Home Insurance

6%

$135

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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