REI Lense

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$1,917 (target)

819 Spring Meadows Dr, Ringgold, GA 30736

3 beds • 3 baths • 1837 sqft

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This property looks like a bad Long-Term investment with a projected -11.16% first-year return on $75,621 initial cash invested.

-11.16%

Cash On Cash

3.99%

Cap Rate

0.66

DSCR

$1,917

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $2,620 expenses = $703 out of pocket

Income$1,917Out of Pocket$703Mortgage P&I$1,80594%Property Taxes$18610%Insurance$1307%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,621

Downpayment

20%

$72,020

Closing costs

1%

$3,601

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$2,620

Mortgage P&I

94%

$1,805

Property Taxes

10%

$186

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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