REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

109 Scarlet Dr, Fletcher, NC 28732

3 beds • 2 baths • 1555 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.32% first-year return on $108k initial cash invested.

0.32%

Cash On Cash

6.24%

Cap Rate

1.08

DSCR

$3,576

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,080

Closing costs

1%

$4,304

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,576

Total Expenses

$3,547

Mortgage P&I

58%

$2,066

Property Taxes

3%

$112

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis