REI Lense

REI Lense

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$1,781 (target)

641 Piedmont Avenue, Hinesville, GA 31313

3 beds • 2 baths • 1286 sqft

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This property looks like a bad Long-Term investment with a projected -11.01% first-year return on $55,566 initial cash invested.

-11.01%

Cash On Cash

4.11%

Cap Rate

0.68

DSCR

$1,781

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,781 income − $2,291 expenses = $510 out of pocket

Income$1,781Out of Pocket$510Mortgage P&I$1,32875%Property Taxes$38221%Insurance$935%HOA$251%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,566

Downpayment

20%

$52,920

Closing costs

1%

$2,646

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,781

Total Expenses

$2,291

Mortgage P&I

75%

$1,328

Property Taxes

21%

$382

Home Insurance

5%

$93

HOA

1%

$25

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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