REI Lense

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$1,812 (target)

808 Seminole Trl, Waycross, GA 31501

3 beds • 2 baths • 2334 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $52,290 initial cash invested.

-5.78%

Cash On Cash

5.47%

Cap Rate

0.88

DSCR

$1,812

Rent

-$252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,812 income − $2,064 expenses = $252 out of pocket

Income$1,812Out of Pocket$252Mortgage P&I$1,29571%Property Taxes$21012%Insurance$875%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,290

Downpayment

20%

$49,800

Closing costs

1%

$2,490

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,812

Total Expenses

$2,064

Mortgage P&I

71%

$1,295

Property Taxes

12%

$210

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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