REI Lense

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$3,555 (target)

100 McNaughton Ct, Garner, NC 27529

3 beds • 3 baths • 2870 sqft

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This property looks like a bad Mid-Term investment with a projected -9.43% first-year return on $137k initial cash invested.

-9.43%

Cash On Cash

3.88%

Cap Rate

0.66

DSCR

$3,555

Rent

-$1,077

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,555 income − $4,632 expenses = $1,077 out of pocket

Income$3,555Out of Pocket$1,077Mortgage P&I$2,76678%Property Taxes$45613%Insurance$2016%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%

Investment Breakdown

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Purchase Price

$567k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$113k

Closing costs

1%

$5,668

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,555

Total Expenses

$4,632

Mortgage P&I

78%

$2,766

Property Taxes

13%

$456

Home Insurance

6%

$201

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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