REI Lense

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$2,772 (target)

70 Gold Mine Rd, Grantville, GA 30220

3 beds • 2 baths • 1391 sqft

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This property looks like a bad Mid-Term investment with a projected -4.54% first-year return on $90,177 initial cash invested.

-4.54%

Cash On Cash

5.15%

Cap Rate

0.87

DSCR

$2,772

Rent

-$341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $3,113 expenses = $341 out of pocket

Income$2,772Out of Pocket$341Mortgage P&I$1,70662%Property Taxes$34212%Insurance$1224%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,177

Downpayment

20%

$68,740

Closing costs

1%

$3,437

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$3,113

Mortgage P&I

62%

$1,706

Property Taxes

12%

$342

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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