REI Lense

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$2,836 (target)

12 S Christie Ct, Fletcher, NC 28732

3 beds • 3 baths • 2228 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $108k initial cash invested.

-9.43%

Cash On Cash

4.28%

Cap Rate

0.72

DSCR

$2,836

Rent

-$852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,836 income − $3,688 expenses = $852 out of pocket

Income$2,836Out of Pocket$852Mortgage P&I$2,55390%Property Taxes$1776%Insurance$1877%HOA$331%Management$28410%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,163

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,836

Total Expenses

$3,688

Mortgage P&I

90%

$2,553

Property Taxes

6%

$177

Home Insurance

7%

$187

HOA

1%

$33

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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