REI Lense

REI Lense

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$2,135 (target)

8594 Seabiscuit Rd, Lithonia, GA 30058

3 beds • 2 baths • 2946 sqft

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This property looks like a bad Long-Term investment with a projected -13.13% first-year return on $75,495 initial cash invested.

-13.13%

Cash On Cash

3.42%

Cap Rate

0.59

DSCR

$2,135

Rent

-$826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,495

Downpayment

20%

$71,900

Closing costs

1%

$3,595

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,135

Total Expenses

$2,961

Mortgage P&I

82%

$1,743

Property Taxes

23%

$486

Home Insurance

6%

$126

HOA

2%

$50

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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