REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,963 (target)

116 Nicklaus Dr, Garner, NC 27529

3 beds • 2 baths • 1916 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.33% first-year return on $58,443 initial cash invested.

-3.33%

Cash On Cash

5.66%

Cap Rate

0.95

DSCR

$1,963

Rent

-$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,963 income − $2,125 expenses = $162 out of pocket

Income$1,963Out of Pocket$162Mortgage P&I$1,37770%Property Taxes$1377%Insurance$1015%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%

Investment Breakdown

|

Purchase Price

$278k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,443

Downpayment

20%

$55,660

Closing costs

1%

$2,783

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,963

Total Expenses

$2,125

Mortgage P&I

70%

$1,377

Property Taxes

7%

$137

Home Insurance

5%

$101

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis