REI Lense

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$1,215 (target)

707 E Alapaha St, Fitzgerald, GA 31750

4 beds • 2 baths • 1189 sqft

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This property looks like a bad Long-Term investment with a projected -1.72% first-year return on $33,579 initial cash invested.

-1.72%

Cash On Cash

6.48%

Cap Rate

1.02

DSCR

$1,215

Rent

-$48

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,215 income − $1,263 expenses = $48 out of pocket

Income$1,215Out of Pocket$48Mortgage P&I$85070%Property Taxes$403%Insurance$565%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,215

Total Expenses

$1,263

Mortgage P&I

70%

$850

Property Taxes

3%

$40

Home Insurance

5%

$56

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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