REI Lense

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$3,710 (target)

119 Olde Oak Way, Hendersonville, NC 28792

3 beds • 3 baths • 1672 sqft

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This property looks like a bad Mid-Term investment with a projected -5.35% first-year return on $125k initial cash invested.

-5.35%

Cash On Cash

4.98%

Cap Rate

0.84

DSCR

$3,710

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,710 income − $4,266 expenses = $556 out of pocket

Income$3,710Out of Pocket$556Mortgage P&I$2,51768%Property Taxes$2106%Insurance$1755%HOA$1043%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%

Investment Breakdown

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Purchase Price

$509k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,086

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,710

Total Expenses

$4,266

Mortgage P&I

68%

$2,517

Property Taxes

6%

$210

Home Insurance

5%

$175

HOA

3%

$104

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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