REI Lense

REI Lense

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$1,848 (target)

70 Gold Mine Rd, Grantville, GA 30220

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Long-Term investment with a projected -13.33% first-year return on $72,177 initial cash invested.

-13.33%

Cash On Cash

3.48%

Cap Rate

0.58

DSCR

$1,848

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,848 income − $2,650 expenses = $802 out of pocket

Income$1,848Out of Pocket$802Mortgage P&I$1,70692%Property Taxes$34219%Insurance$1227%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,177

Downpayment

20%

$68,740

Closing costs

1%

$3,437

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,848

Total Expenses

$2,650

Mortgage P&I

92%

$1,706

Property Taxes

19%

$342

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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