REI Lense

REI Lense

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$3,230 (target)

104 Muirfield Ln, Clayton, NC 27527

3 beds • 3 baths • 2229 sqft

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This property looks like a bad Mid-Term investment with a projected -6.14% first-year return on $112k initial cash invested.

-6.14%

Cash On Cash

4.66%

Cap Rate

0.8

DSCR

$3,230

Rent

-$574

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,720

Closing costs

1%

$4,486

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,230

Total Expenses

$3,804

Mortgage P&I

68%

$2,187

Property Taxes

11%

$342

Home Insurance

5%

$161

HOA

1%

$16

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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