REI Lense

REI Lense

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$1,459 (target)

807 Spring St, Douglas, GA 31533

3 beds • 2 baths • 1208 sqft

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This property might be a fair Long-Term investment with a projected 5.34% first-year return on $31,479 initial cash invested.

5.34%

Cash On Cash

8.25%

Cap Rate

1.26

DSCR

$1,459

Rent

$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,459 income − $1,319 expenses = $140 cash flow

Income$1,459Mortgage P&I$81856%Property Taxes$695%Insurance$524%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$140

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

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

$1,459

Total Expenses

$1,319

Mortgage P&I

56%

$818

Property Taxes

5%

$69

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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