REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,451 (target)

105 Spurgen Dr, Kings Mountain, NC 28086

3 beds • 2 baths • 1525 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.36% first-year return on $84,381 initial cash invested.

-3.36%

Cash On Cash

5.48%

Cap Rate

0.91

DSCR

$2,451

Rent

-$236

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,451 income − $2,687 expenses = $236 out of pocket

Income$2,451Out of Pocket$236Mortgage P&I$1,58165%Property Taxes$1586%Insurance$1145%Management$29412%CapEx$984%Vacancy$743%Maintenance$984%Other$27011%

Investment Breakdown

|

Purchase Price

$316k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,381

Downpayment

20%

$63,220

Closing costs

1%

$3,161

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,451

Total Expenses

$2,687

Mortgage P&I

65%

$1,581

Property Taxes

6%

$158

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$294

CapEx

4%

$98

Vacancy

3%

$74

Maintenance

4%

$98

Other

11%

$270

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis