REI Lense

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$2,902 (target)

9625 Manor Ln, Gainesville, GA 30506

3 beds • 2 baths • 1196 sqft

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This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $79,425 initial cash invested.

1.5%

Cash On Cash

6.91%

Cap Rate

1.15

DSCR

$2,902

Rent

$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,902 income − $2,803 expenses = $99 cash flow

Income$2,902Mortgage P&I$1,47051%Property Taxes$2238%Insurance$1054%HOA$191%Management$34812%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31911%Cash Flow$99

Investment Breakdown

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Purchase Price

$293k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,425

Downpayment

20%

$58,500

Closing costs

1%

$2,925

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,902

Total Expenses

$2,803

Mortgage P&I

51%

$1,470

Property Taxes

8%

$223

Home Insurance

4%

$105

HOA

1%

$19

Property Management

12%

$348

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$319

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