REI Lense

REI Lense

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$2,003 (target)

90 Wiregrass Trail, Rincon, GA 31326

3 beds • 2 baths • 1376 sqft

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This property looks like a bad Long-Term investment with a projected -5.99% first-year return on $64,470 initial cash invested.

-5.99%

Cash On Cash

5.24%

Cap Rate

0.86

DSCR

$2,003

Rent

-$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,003 income − $2,325 expenses = $322 out of pocket

Income$2,003Out of Pocket$322Mortgage P&I$1,56378%Property Taxes$1347%Insurance$1085%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$307k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,470

Downpayment

20%

$61,400

Closing costs

1%

$3,070

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,003

Total Expenses

$2,325

Mortgage P&I

78%

$1,563

Property Taxes

7%

$134

Home Insurance

5%

$108

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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