REI Lense

REI Lense

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$2,164 (target)

104 Hawthorne Ln, Morganton, NC 28655

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Long-Term investment with a projected -3.59% first-year return on $66,801 initial cash invested.

-3.59%

Cash On Cash

5.69%

Cap Rate

0.94

DSCR

$2,164

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,164 income − $2,364 expenses = $200 out of pocket

Income$2,164Out of Pocket$200Mortgage P&I$1,59974%Property Taxes$894%Insurance$1145%Management$21610%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,801

Downpayment

20%

$63,620

Closing costs

1%

$3,181

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,164

Total Expenses

$2,364

Mortgage P&I

74%

$1,599

Property Taxes

4%

$89

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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