REI Lense

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$1,643 (target)

6556 Wendell Cir, Morrow, GA 30260

3 beds • 2 baths • 1968 sqft

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This property looks like a bad Long-Term investment with a projected -7.93% first-year return on $49,623 initial cash invested.

-7.93%

Cash On Cash

5.16%

Cap Rate

0.81

DSCR

$1,643

Rent

-$328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,643 income − $1,971 expenses = $328 out of pocket

Income$1,643Out of Pocket$328Mortgage P&I$1,26277%Property Taxes$20012%Insurance$825%Management$16410%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$236k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,623

Downpayment

20%

$47,260

Closing costs

1%

$2,363

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,643

Total Expenses

$1,971

Mortgage P&I

77%

$1,262

Property Taxes

12%

$200

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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