REI Lense

REI Lense

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$1,701 (target)

713 Magnolia Dr, Waycross, GA 31501

3 beds • 3 baths • 2144 sqft

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This property looks like a bad Long-Term investment with a projected -3.93% first-year return on $47,313 initial cash invested.

-3.93%

Cash On Cash

6.21%

Cap Rate

0.94

DSCR

$1,701

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,701 income − $1,856 expenses = $155 out of pocket

Income$1,701Out of Pocket$155Mortgage P&I$1,23673%Property Taxes$986%Insurance$805%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,313

Downpayment

20%

$45,060

Closing costs

1%

$2,253

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,701

Total Expenses

$1,856

Mortgage P&I

73%

$1,236

Property Taxes

6%

$98

Home Insurance

5%

$80

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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