REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,698 (target)

1100 Jennifer Ln, Cherryville, NC 28021

3 beds • 2 baths • 1538 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $58,527 initial cash invested.

-9.45%

Cash On Cash

4.37%

Cap Rate

0.73

DSCR

$1,698

Rent

-$461

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,698 income − $2,159 expenses = $461 out of pocket

Income$1,698Out of Pocket$461Mortgage P&I$1,39182%Property Taxes$22713%Insurance$996%Management$17010%CapEx$855%Vacancy$1026%Maintenance$855%

Investment Breakdown

|

Purchase Price

$279k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,527

Downpayment

20%

$55,740

Closing costs

1%

$2,787

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,698

Total Expenses

$2,159

Mortgage P&I

82%

$1,391

Property Taxes

13%

$227

Home Insurance

6%

$99

HOA

0%

$0

Property Management

10%

$170

CapEx

5%

$85

Vacancy

6%

$102

Maintenance

5%

$85

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis