REI Lense

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$1,696 (target)

719 E 19th Ave, Cordele, GA 31015

4 beds • 3 baths • 2526 sqft

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This property could be a profitable Long-Term investment with a projected 13.06% first-year return on $27,384 initial cash invested.

13.06%

Cash On Cash

10.04%

Cap Rate

1.54

DSCR

$1,696

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,696 income − $1,398 expenses = $298 cash flow

Income$1,696Mortgage P&I$70842%Property Taxes$19912%Insurance$493%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%Cash Flow$298

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,384

Downpayment

20%

$26,080

Closing costs

1%

$1,304

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,696

Total Expenses

$1,398

Mortgage P&I

42%

$708

Property Taxes

12%

$199

Home Insurance

3%

$49

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

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