REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,874 (target)

1008 Joe Collins Rd, Lillington, NC 27546

3 beds • 4 baths • 3045 sqft

$1,250,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -18.39% first-year return on $281k initial cash invested.

-18.39%

Cash On Cash

1.89%

Cap Rate

0.32

DSCR

$3,874

Rent

-$4,298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,874 income − $8,172 expenses = $4,298 out of pocket

Income$3,874Out of Pocket$4,298Mortgage P&I$6,111158%Property Taxes$3068%Insurance$43811%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

|

Purchase Price

$1250k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$281k

Downpayment

20%

$250k

Closing costs

1%

$12,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,874

Total Expenses

$8,172

Mortgage P&I

158%

$6,111

Property Taxes

8%

$306

Home Insurance

11%

$438

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis