REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,058 (target)

6905 Cedar Ridge Dr, Gainesville, GA 30506

3 beds • 2 baths • 1237 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.74% first-year return on $101k initial cash invested.

-4.74%

Cash On Cash

5.26%

Cap Rate

0.86

DSCR

$3,058

Rent

-$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,058 income − $3,457 expenses = $399 out of pocket

Income$3,058Out of Pocket$399Mortgage P&I$2,01166%Property Taxes$2659%Insurance$1425%Management$36712%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,058

Total Expenses

$3,457

Mortgage P&I

66%

$2,011

Property Taxes

9%

$265

Home Insurance

5%

$142

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis