REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,193 (target)

1015 E 10th St, Lumberton, NC 28358

3 beds • 2 baths • 1570 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.45% first-year return on $38,220 initial cash invested.

-8.45%

Cash On Cash

5.36%

Cap Rate

0.8

DSCR

$1,193

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,193 income − $1,462 expenses = $269 out of pocket

Income$1,193Out of Pocket$269Mortgage P&I$1,02286%Property Taxes$655%Insurance$645%Management$11910%CapEx$605%Vacancy$726%Maintenance$605%

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,220

Downpayment

20%

$36,400

Closing costs

1%

$1,820

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,193

Total Expenses

$1,462

Mortgage P&I

86%

$1,022

Property Taxes

5%

$65

Home Insurance

5%

$64

HOA

0%

$0

Property Management

10%

$119

CapEx

5%

$60

Vacancy

6%

$72

Maintenance

5%

$60

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis