REI Lense

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$2,131 (target)

11323 Laurel View Dr, Charlotte, NC 28273

3 beds • 3 baths • 1718 sqft

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This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $81,270 initial cash invested.

-11.53%

Cash On Cash

3.85%

Cap Rate

0.65

DSCR

$2,131

Rent

-$781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,131 income − $2,912 expenses = $781 out of pocket

Income$2,131Out of Pocket$781Mortgage P&I$1,91590%Property Taxes$24812%Insurance$1407%HOA$543%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,270

Downpayment

20%

$77,400

Closing costs

1%

$3,870

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,131

Total Expenses

$2,912

Mortgage P&I

90%

$1,915

Property Taxes

12%

$248

Home Insurance

7%

$140

HOA

3%

$54

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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