REI Lense

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$1,540 (target)

706 Kingston Rd, Thomaston, GA 30286

3 beds • 2 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -8.97% first-year return on $46,935 initial cash invested.

-8.97%

Cash On Cash

4.94%

Cap Rate

0.77

DSCR

$1,540

Rent

-$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $1,891 expenses = $351 out of pocket

Income$1,540Out of Pocket$351Mortgage P&I$1,19578%Property Taxes$21714%Insurance$795%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,935

Downpayment

20%

$44,700

Closing costs

1%

$2,235

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,891

Mortgage P&I

78%

$1,195

Property Taxes

14%

$217

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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