REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,640 (target)

110 Princess Ave SW, Concord, NC 28025

3 beds • 2 baths • 1456 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.08% first-year return on $57,750 initial cash invested.

-10.08%

Cash On Cash

4.22%

Cap Rate

0.71

DSCR

$1,640

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $2,125 expenses = $485 out of pocket

Income$1,640Out of Pocket$485Mortgage P&I$1,36983%Property Taxes$23414%Insurance$966%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,750

Downpayment

20%

$55,000

Closing costs

1%

$2,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$2,125

Mortgage P&I

83%

$1,369

Property Taxes

14%

$234

Home Insurance

6%

$96

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis