REI Lense

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$2,552 (target)

713 Magnolia Dr, Waycross, GA 31501

3 beds • 3 baths • 2144 sqft

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This property might be a fair Mid-Term investment with a projected 4.96% first-year return on $65,313 initial cash invested.

4.96%

Cash On Cash

8.56%

Cap Rate

1.3

DSCR

$2,552

Rent

$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,552 income − $2,282 expenses = $270 cash flow

Income$2,552Mortgage P&I$1,23648%Property Taxes$984%Insurance$803%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%Cash Flow$270

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,313

Downpayment

20%

$45,060

Closing costs

1%

$2,253

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,282

Mortgage P&I

48%

$1,236

Property Taxes

4%

$98

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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