REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,475 (target)

100 Goose Creek Rd, Marion, NC 28752

3 beds • 2 baths • 1776 sqft

Email

This property looks like a bad Mid-Term investment with a projected -14.34% first-year return on $142k initial cash invested.

-14.34%

Cash On Cash

2.87%

Cap Rate

0.47

DSCR

$2,475

Rent

-$1,696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,475 income − $4,171 expenses = $1,696 out of pocket

Income$2,475Out of Pocket$1,696Mortgage P&I$3,010122%Property Taxes$1145%Insurance$2068%Management$29712%CapEx$994%Vacancy$743%Maintenance$994%Other$27211%

Investment Breakdown

|

Purchase Price

$590k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,900

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,475

Total Expenses

$4,171

Mortgage P&I

122%

$3,010

Property Taxes

5%

$114

Home Insurance

8%

$206

HOA

0%

$0

Property Management

12%

$297

CapEx

4%

$99

Vacancy

3%

$74

Maintenance

4%

$99

Other

11%

$272

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis