REI Lense

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$1,742 (target)

1011 Shirley Dr, Henderson, NC 27536

3 beds • 2 baths • 984 sqft

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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $59,370 initial cash invested.

-3.4%

Cash On Cash

5.93%

Cap Rate

0.91

DSCR

$1,742

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,742 income − $1,910 expenses = $168 out of pocket

Income$1,742Out of Pocket$168Mortgage P&I$1,07262%Property Taxes$18210%Insurance$634%Management$20912%CapEx$704%Vacancy$523%Maintenance$704%Other$19211%

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,370

Downpayment

20%

$39,400

Closing costs

1%

$1,970

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,742

Total Expenses

$1,910

Mortgage P&I

62%

$1,072

Property Taxes

10%

$182

Home Insurance

4%

$63

HOA

0%

$0

Property Management

12%

$209

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$192

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