REI Lense

REI Lense

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$1,687 (target)

107 Abelia Dr, Raeford, NC 28376

3 beds • 2 baths • 1328 sqft

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This property looks like a bad Long-Term investment with a projected -2.16% first-year return on $43,932 initial cash invested.

-2.16%

Cash On Cash

6.6%

Cap Rate

1

DSCR

$1,687

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,687 income − $1,766 expenses = $79 out of pocket

Income$1,687Out of Pocket$79Mortgage P&I$1,14668%Property Taxes$1086%Insurance$744%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,932

Downpayment

20%

$41,840

Closing costs

1%

$2,092

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,687

Total Expenses

$1,766

Mortgage P&I

68%

$1,146

Property Taxes

6%

$108

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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