REI Lense

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$1,580 (target)

107 Elderberry Ct, Raeford, NC 28376

3 beds • 2 baths • 1247 sqft

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This property looks like a bad Long-Term investment with a projected -7.95% first-year return on $49,980 initial cash invested.

-7.95%

Cash On Cash

5.36%

Cap Rate

0.81

DSCR

$1,580

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,580 income − $1,911 expenses = $331 out of pocket

Income$1,580Out of Pocket$331Mortgage P&I$1,31583%Property Taxes$1016%Insurance$845%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$238k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,980

Downpayment

20%

$47,600

Closing costs

1%

$2,380

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,580

Total Expenses

$1,911

Mortgage P&I

83%

$1,315

Property Taxes

6%

$101

Home Insurance

5%

$84

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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