REI Lense

REI Lense

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$2,632 (target)

813 Mitchell Street, Augusta, GA 30907

3 beds • 2 baths • 1572 sqft

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This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $72,264 initial cash invested.

2.37%

Cash On Cash

7%

Cap Rate

1.2

DSCR

$2,632

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,632

Total Expenses

$2,489

Mortgage P&I

48%

$1,260

Property Taxes

9%

$241

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$290

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