REI Lense

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$1,734 (target)

104 Riverbend Dr, Clayton, NC 27527

3 beds • 2 baths • 1165 sqft

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This property looks like a bad Long-Term investment with a projected -15.55% first-year return on $82,782 initial cash invested.

-15.55%

Cash On Cash

3.15%

Cap Rate

0.51

DSCR

$1,734

Rent

-$1,073

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,734 income − $2,807 expenses = $1,073 out of pocket

Income$1,734Out of Pocket$1,073Mortgage P&I$2,022117%Property Taxes$19411%Insurance$1408%Management$17310%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,782

Downpayment

20%

$78,840

Closing costs

1%

$3,942

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,734

Total Expenses

$2,807

Mortgage P&I

117%

$2,022

Property Taxes

11%

$194

Home Insurance

8%

$140

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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