REI Lense

REI Lense

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$1,523 (target)

106 Crestwood Cir, High Point, NC 27260

3 beds • 2 baths • 1286 sqft

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This property looks like a bad Long-Term investment with a projected -4.86% first-year return on $43,428 initial cash invested.

-4.86%

Cash On Cash

5.93%

Cap Rate

0.91

DSCR

$1,523

Rent

-$176

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,523 income − $1,699 expenses = $176 out of pocket

Income$1,523Out of Pocket$176Mortgage P&I$1,12274%Property Taxes$1127%Insurance$705%Management$15210%CapEx$765%Vacancy$916%Maintenance$765%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,428

Downpayment

20%

$41,360

Closing costs

1%

$2,068

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,523

Total Expenses

$1,699

Mortgage P&I

74%

$1,122

Property Taxes

7%

$112

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$152

CapEx

5%

$76

Vacancy

6%

$91

Maintenance

5%

$76

Other

0%

$0

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