REI Lense

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$1,792 (target)

106 Carrington Dr, Knightdale, NC 27545

3 beds • 3 baths • 1180 sqft

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This property looks like a bad Long-Term investment with a projected -7.78% first-year return on $60,018 initial cash invested.

-7.78%

Cash On Cash

4.94%

Cap Rate

0.8

DSCR

$1,792

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,792 income − $2,181 expenses = $389 out of pocket

Income$1,792Out of Pocket$389Mortgage P&I$1,47582%Property Taxes$17910%Insurance$603%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,018

Downpayment

20%

$57,160

Closing costs

1%

$2,858

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,792

Total Expenses

$2,181

Mortgage P&I

82%

$1,475

Property Taxes

10%

$179

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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