REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,810 (target)

1203 Summerhill St SW, Lenoir, NC 28645

3 beds • 2 baths • 1520 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.51% first-year return on $87,108 initial cash invested.

-12.51%

Cash On Cash

3.54%

Cap Rate

0.6

DSCR

$1,810

Rent

-$908

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $2,718 expenses = $908 out of pocket

Income$1,810Out of Pocket$908Mortgage P&I$2,040113%Property Taxes$422%Insurance$1498%HOA$171%Management$18110%CapEx$905%Vacancy$1096%Maintenance$905%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,108

Downpayment

20%

$82,960

Closing costs

1%

$4,148

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,810

Total Expenses

$2,718

Mortgage P&I

113%

$2,040

Property Taxes

2%

$42

Home Insurance

8%

$149

HOA

1%

$17

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$109

Maintenance

5%

$90

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis