REI Lense

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$1,681 (target)

6824 Church St, Lithonia, GA 30058

3 beds • 4 baths • 1748 sqft

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This property might be a fair Long-Term investment with a projected 8.15% first-year return on $28,266 initial cash invested.

8.15%

Cash On Cash

8.73%

Cap Rate

1.39

DSCR

$1,681

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,681 income − $1,489 expenses = $192 cash flow

Income$1,681Mortgage P&I$70342%Property Taxes$24114%Insurance$1086%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$192

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,266

Downpayment

20%

$26,920

Closing costs

1%

$1,346

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,681

Total Expenses

$1,489

Mortgage P&I

42%

$703

Property Taxes

14%

$241

Home Insurance

6%

$108

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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