REI Lense

REI Lense

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$1,755 (target)

813 Mitchell Street, Augusta, GA 30907

3 beds • 2 baths • 1572 sqft

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This property looks like a bad Long-Term investment with a projected -6.55% first-year return on $54,264 initial cash invested.

-6.55%

Cash On Cash

4.89%

Cap Rate

0.83

DSCR

$1,755

Rent

-$296

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

$54,264

Downpayment

20%

$51,680

Closing costs

1%

$2,584

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,755

Total Expenses

$2,051

Mortgage P&I

72%

$1,260

Property Taxes

14%

$241

Home Insurance

5%

$93

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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