REI Lense

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$3,507 (target)

740 Eudora Welty Way, Athens, GA 30607

3 beds • 4 baths • 2100 sqft

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This property looks like a bad Mid-Term investment with a projected -0.94% first-year return on $93,306 initial cash invested.

-0.94%

Cash On Cash

6.23%

Cap Rate

1.04

DSCR

$3,507

Rent

-$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,507 income − $3,580 expenses = $73 out of pocket

Income$3,507Out of Pocket$73Mortgage P&I$1,79451%Property Taxes$38211%Insurance$1274%HOA$852%Management$42112%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38611%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,306

Downpayment

20%

$71,720

Closing costs

1%

$3,586

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,507

Total Expenses

$3,580

Mortgage P&I

51%

$1,794

Property Taxes

11%

$382

Home Insurance

4%

$127

HOA

2%

$85

Property Management

12%

$421

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$386

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