REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,623 (target)

800 Richmond Ave, Waycross, GA 31501

3 beds • 2 baths • 2074 sqft

Email

This property might be a fair Long-Term investment with a projected 6.98% first-year return on $31,479 initial cash invested.

6.98%

Cash On Cash

8.85%

Cap Rate

1.31

DSCR

$1,623

Rent

$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,623 income − $1,440 expenses = $183 cash flow

Income$1,623Mortgage P&I$84152%Property Taxes$1268%Insurance$523%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%Cash Flow$183

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,623

Total Expenses

$1,440

Mortgage P&I

52%

$841

Property Taxes

8%

$126

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis