REI Lense

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$1,288 (target)

117 Habersham Ct, Lexington, NC 27295

3 beds • 3 baths • 1537 sqft

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This property looks like a bad Long-Term investment with a projected -15.51% first-year return on $55,692 initial cash invested.

-15.51%

Cash On Cash

3.2%

Cap Rate

0.52

DSCR

$1,288

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,288 income − $2,008 expenses = $720 out of pocket

Income$1,288Out of Pocket$720Mortgage P&I$1,363106%Property Taxes$17414%Insurance$947%HOA$433%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,692

Downpayment

20%

$53,040

Closing costs

1%

$2,652

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,288

Total Expenses

$2,008

Mortgage P&I

106%

$1,363

Property Taxes

14%

$174

Home Insurance

7%

$94

HOA

3%

$43

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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