REI Lense

REI Lense

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$2,121 (target)

82 Newton Rd, Lagrange, GA 30240

3 beds • 2 baths • 1936 sqft

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This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $75,012 initial cash invested.

-9.57%

Cash On Cash

4.34%

Cap Rate

0.72

DSCR

$2,121

Rent

-$598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,121 income − $2,719 expenses = $598 out of pocket

Income$2,121Out of Pocket$598Mortgage P&I$1,78484%Property Taxes$25612%Insurance$1286%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$357k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,012

Downpayment

20%

$71,440

Closing costs

1%

$3,572

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,121

Total Expenses

$2,719

Mortgage P&I

84%

$1,784

Property Taxes

12%

$256

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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