REI Lense

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$2,619 (target)

705 Scenic Dr, Rossville, GA 30741

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 3.83% first-year return on $67,959 initial cash invested.

3.83%

Cash On Cash

8.06%

Cap Rate

1.25

DSCR

$2,619

Rent

$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,619 income − $2,402 expenses = $217 cash flow

Income$2,619Mortgage P&I$1,27549%Property Taxes$1526%Insurance$843%Management$31412%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28811%Cash Flow$217

Investment Breakdown

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Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,959

Downpayment

20%

$47,580

Closing costs

1%

$2,379

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,619

Total Expenses

$2,402

Mortgage P&I

49%

$1,275

Property Taxes

6%

$152

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$314

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

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