REI Lense

REI Lense

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$1,267 (target)

807 Jones Ave, Rockmart, GA 30153

3 beds • 2 baths • 960 sqft

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This property looks like a bad Long-Term investment with a projected -1.68% first-year return on $30,765 initial cash invested.

-1.68%

Cash On Cash

6.72%

Cap Rate

1.02

DSCR

$1,267

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,267 income − $1,310 expenses = $43 out of pocket

Income$1,267Out of Pocket$43Mortgage P&I$80063%Property Taxes$12510%Insurance$564%Management$12710%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$147k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,765

Downpayment

20%

$29,300

Closing costs

1%

$1,465

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,267

Total Expenses

$1,310

Mortgage P&I

63%

$800

Property Taxes

10%

$125

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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