REI Lense

REI Lense

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$1,190 (target)

804 Fleming Rd, Cordele, GA 31015

4 beds • 2 baths • 1650 sqft

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This property might be a fair Long-Term investment with a projected 0.08% first-year return on $30,345 initial cash invested.

0.08%

Cash On Cash

6.69%

Cap Rate

1.08

DSCR

$1,190

Rent

$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,190 income − $1,188 expenses = $2 cash flow

Income$1,190Mortgage P&I$74463%Property Taxes$1049%Insurance$303%Management$11910%CapEx$605%Vacancy$716%Maintenance$605%Cash Flow$2

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,345

Downpayment

20%

$28,900

Closing costs

1%

$1,445

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,190

Total Expenses

$1,188

Mortgage P&I

63%

$744

Property Taxes

9%

$104

Home Insurance

3%

$30

HOA

0%

$0

Property Management

10%

$119

CapEx

5%

$60

Vacancy

6%

$71

Maintenance

5%

$60

Other

0%

$0

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