REI Lense

REI Lense

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$1,917 (target)

897 Hearthstone Dr, Stone Mountain, GA 30083

3 beds • 2 baths • 1552 sqft

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This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $57,099 initial cash invested.

-7.23%

Cash On Cash

5%

Cap Rate

0.82

DSCR

$1,917

Rent

-$344

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $2,261 expenses = $344 out of pocket

Income$1,917Out of Pocket$344Mortgage P&I$1,38272%Property Taxes$28215%Insurance$985%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,099

Downpayment

20%

$54,380

Closing costs

1%

$2,719

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$2,261

Mortgage P&I

72%

$1,382

Property Taxes

15%

$282

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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