REI Lense

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$2,889 (target)

890 Piedmont Lake Rd, Pine Mountain, GA 31822

3 beds • 3 baths • 3465 sqft

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This property looks like a bad Long-Term investment with a projected -15.85% first-year return on $136k initial cash invested.

-15.85%

Cash On Cash

2.94%

Cap Rate

0.49

DSCR

$2,889

Rent

-$1,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $4,691 expenses = $1,802 out of pocket

Income$2,889Out of Pocket$1,802Mortgage P&I$3,251113%Property Taxes$46316%Insurance$2278%Management$28910%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

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Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$130k

Closing costs

1%

$6,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,889

Total Expenses

$4,691

Mortgage P&I

113%

$3,251

Property Taxes

16%

$463

Home Insurance

8%

$227

HOA

0%

$0

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

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