REI Lense

REI Lense

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$2,882 (target)

7103 Apache Ln, Riverdale, GA 30274

3 beds • 2 baths • 1575 sqft

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This property could be a profitable Mid-Term investment with a projected 17.28% first-year return on $51,600 initial cash invested.

17.28%

Cash On Cash

12.75%

Cap Rate

2.02

DSCR

$2,882

Rent

$743

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,600

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,882

Total Expenses

$2,139

Mortgage P&I

29%

$842

Property Taxes

9%

$262

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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