REI Lense

REI Lense

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$1,475 (target)

100 Bullock Dr, Louisburg, NC 27549

3 beds • 2 baths • 960 sqft

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This property might be a fair Long-Term investment with a projected 1.75% first-year return on $35,700 initial cash invested.

1.75%

Cash On Cash

7.08%

Cap Rate

1.14

DSCR

$1,475

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,475

Total Expenses

$1,423

Mortgage P&I

59%

$877

Property Taxes

7%

$102

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$148

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

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