REI Lense

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$1,900 (target)

807 Jones Ave, Rockmart, GA 30153

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 6.72% first-year return on $48,765 initial cash invested.

6.72%

Cash On Cash

9.41%

Cap Rate

1.44

DSCR

$1,900

Rent

$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,900 income − $1,627 expenses = $273 cash flow

Income$1,900Mortgage P&I$80042%Property Taxes$1257%Insurance$563%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$273

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,765

Downpayment

20%

$29,300

Closing costs

1%

$1,465

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,900

Total Expenses

$1,627

Mortgage P&I

42%

$800

Property Taxes

7%

$125

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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