REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,601 (target)

104 Riverbend Dr, Clayton, NC 27527

3 beds • 2 baths • 1165 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.61% first-year return on $101k initial cash invested.

-7.61%

Cash On Cash

4.53%

Cap Rate

0.74

DSCR

$2,601

Rent

-$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,601 income − $3,240 expenses = $639 out of pocket

Income$2,601Out of Pocket$639Mortgage P&I$2,02278%Property Taxes$1947%Insurance$1405%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,840

Closing costs

1%

$3,942

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$3,240

Mortgage P&I

78%

$2,022

Property Taxes

7%

$194

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis