REI Lense

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$1,141 (target)

612 Heartwood Ln, Albany, GA 31705

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Long-Term investment with a projected 19.05% first-year return on $18,396 initial cash invested.

19.05%

Cash On Cash

10.88%

Cap Rate

1.78

DSCR

$1,141

Rent

$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,141 income − $849 expenses = $292 cash flow

Income$1,141Mortgage P&I$44539%Property Taxes$817%Insurance$272%Management$11410%CapEx$575%Vacancy$686%Maintenance$575%Cash Flow$292

Investment Breakdown

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Purchase Price

$87,600

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,396

Downpayment

20%

$17,520

Closing costs

1%

$876

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,141

Total Expenses

$849

Mortgage P&I

39%

$445

Property Taxes

7%

$81

Home Insurance

2%

$27

HOA

0%

$0

Property Management

10%

$114

CapEx

5%

$57

Vacancy

6%

$68

Maintenance

5%

$57

Other

0%

$0

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