REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,694 (target)

112 Amity Cir, Belmont, NC 28012

3 beds • 3 baths • 2764 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.36% first-year return on $112k initial cash invested.

-10.36%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$2,694

Rent

-$967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $3,661 expenses = $967 out of pocket

Income$2,694Out of Pocket$967Mortgage P&I$2,25384%Property Taxes$33112%Insurance$1616%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%

Investment Breakdown

|

Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,580

Closing costs

1%

$4,479

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$3,661

Mortgage P&I

84%

$2,253

Property Taxes

12%

$331

Home Insurance

6%

$161

HOA

0%

$0

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis