REI Lense

REI Lense

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$2,558 (target)

117 Gracie Ln, Clayton, NC 27520

3 beds • 2 baths • 1177 sqft

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This property looks like a bad Mid-Term investment with a projected -1.29% first-year return on $77,997 initial cash invested.

-1.29%

Cash On Cash

6.09%

Cap Rate

1.01

DSCR

$2,558

Rent

-$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,558

Total Expenses

$2,642

Mortgage P&I

56%

$1,433

Property Taxes

9%

$227

Home Insurance

4%

$98

HOA

1%

$15

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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