REI Lense

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$2,678 (target)

8618 Wood Springs Ct, Douglasville, GA 30135

3 beds • 3 baths • 2429 sqft

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This property might be a fair Mid-Term investment with a projected 1.96% first-year return on $75,855 initial cash invested.

1.96%

Cash On Cash

6.96%

Cap Rate

1.17

DSCR

$2,678

Rent

$124

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $2,554 expenses = $124 cash flow

Income$2,678Mortgage P&I$1,36651%Property Taxes$1425%Insurance$1034%HOA$331%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%Cash Flow$124

Investment Breakdown

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Purchase Price

$276k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,855

Downpayment

20%

$55,100

Closing costs

1%

$2,755

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$2,554

Mortgage P&I

51%

$1,366

Property Taxes

5%

$142

Home Insurance

4%

$103

HOA

1%

$33

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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