REI Lense

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$2,578 (target)

84 Old Tails Creek Rd, Ellijay, GA 30540

2 beds • 1.5 baths • 880 sqft

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This property could be a profitable Mid-Term investment with a projected 20.24% first-year return on $45,768 initial cash invested.

20.24%

Cash On Cash

12.96%

Cap Rate

2.02

DSCR

$2,578

Rent

$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,578 income − $1,806 expenses = $772 cash flow

Income$2,578Mortgage P&I$86233%Property Taxes$12Insurance$562%Management$30912%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28411%Cash Flow$772

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,768

Downpayment

20%

$32,160

Closing costs

1%

$1,608

Rehab

0%

$0

Furnishing

7%

$12,000

Cashflow

Total Income

$2,578

Total Expenses

$1,806

Mortgage P&I

33%

$862

Property Taxes

0%

$12

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$309

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$284

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