REI Lense

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$2,157 (target)

9890 Central Ave, Waycross, GA 31503

3 beds • 2 baths • 1776 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $75,477 initial cash invested.

-4.91%

Cash On Cash

5.29%

Cap Rate

0.84

DSCR

$2,157

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,157 income − $2,466 expenses = $309 out of pocket

Income$2,157Out of Pocket$309Mortgage P&I$1,42966%Property Taxes$20610%Insurance$985%Management$25912%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,477

Downpayment

20%

$54,740

Closing costs

1%

$2,737

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,157

Total Expenses

$2,466

Mortgage P&I

66%

$1,429

Property Taxes

10%

$206

Home Insurance

5%

$98

HOA

0%

$0

Property Management

12%

$259

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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