REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,187 (target)

10225 Atchinson Dr, Mint Hill, NC 28227

3 beds • 2 baths • 1826 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $85,701 initial cash invested.

-12.24%

Cash On Cash

3.95%

Cap Rate

0.64

DSCR

$2,187

Rent

-$874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,187 income − $3,061 expenses = $874 out of pocket

Income$2,187Out of Pocket$874Mortgage P&I$2,10896%Property Taxes$23811%Insurance$1477%Management$21910%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$408k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,701

Downpayment

20%

$81,620

Closing costs

1%

$4,081

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,187

Total Expenses

$3,061

Mortgage P&I

96%

$2,108

Property Taxes

11%

$238

Home Insurance

7%

$147

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis