REI Lense

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$1,897 (target)

1004 Edgebrook Dr, Garner, NC 27529

3 beds • 2 baths • 1614 sqft

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This property looks like a bad Long-Term investment with a projected -16.29% first-year return on $81,228 initial cash invested.

-16.29%

Cash On Cash

3.26%

Cap Rate

0.51

DSCR

$1,897

Rent

-$1,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,897 income − $3,000 expenses = $1,103 out of pocket

Income$1,897Out of Pocket$1,103Mortgage P&I$2,058108%Property Taxes$30916%Insurance$1397%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,228

Downpayment

20%

$77,360

Closing costs

1%

$3,868

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,897

Total Expenses

$3,000

Mortgage P&I

108%

$2,058

Property Taxes

16%

$309

Home Insurance

7%

$139

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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