REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,694 (target)

1034 Canopy Dr, Indian Trail, NC 28079

3 beds • 3 baths • 2532 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.6% first-year return on $110k initial cash invested.

-2.6%

Cash On Cash

5.73%

Cap Rate

0.96

DSCR

$3,694

Rent

-$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $3,933 expenses = $239 out of pocket

Income$3,694Out of Pocket$239Mortgage P&I$2,18959%Property Taxes$2667%Insurance$1685%HOA$541%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%

Investment Breakdown

|

Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,820

Closing costs

1%

$4,391

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$3,933

Mortgage P&I

59%

$2,189

Property Taxes

7%

$266

Home Insurance

5%

$168

HOA

1%

$54

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis