REI Lense

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$2,390 (target)

109 King Richard Court, Jacksonville, NC 28546

3 beds • 2 baths • 1448 sqft

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This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $69,444 initial cash invested.

0.21%

Cash On Cash

7.1%

Cap Rate

1.08

DSCR

$2,390

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,390 income − $2,378 expenses = $12 cash flow

Income$2,390Mortgage P&I$1,34156%Property Taxes$1376%Insurance$864%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$12

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,444

Downpayment

20%

$48,994

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,390

Total Expenses

$2,378

Mortgage P&I

56%

$1,341

Property Taxes

6%

$137

Home Insurance

4%

$86

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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