REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,538 (target)

1047 Smith Rd, Smithfield, NC 27577

3 beds • 2 baths • 1370 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.98% first-year return on $82,344 initial cash invested.

-1.98%

Cash On Cash

5.88%

Cap Rate

0.98

DSCR

$2,538

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,538 income − $2,674 expenses = $136 out of pocket

Income$2,538Out of Pocket$136Mortgage P&I$1,53560%Property Taxes$1657%Insurance$1104%Management$30512%CapEx$1024%Vacancy$763%Maintenance$1024%Other$27911%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,344

Downpayment

20%

$61,280

Closing costs

1%

$3,064

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,538

Total Expenses

$2,674

Mortgage P&I

60%

$1,535

Property Taxes

7%

$165

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$305

CapEx

4%

$102

Vacancy

3%

$76

Maintenance

4%

$102

Other

11%

$279

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis