REI Lense

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$4,236 (target)

122 Gresham Ln, Mooresville, NC 28117

3 beds • 5 baths • 2340 sqft

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This property looks like a bad Mid-Term investment with a projected -0.64% first-year return on $111k initial cash invested.

-0.64%

Cash On Cash

6.41%

Cap Rate

1.05

DSCR

$4,236

Rent

-$59

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,236 income − $4,295 expenses = $59 out of pocket

Income$4,236Out of Pocket$59Mortgage P&I$2,26653%Property Taxes$3588%Insurance$1754%HOA$571%Management$50812%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46611%

Investment Breakdown

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Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,940

Closing costs

1%

$4,447

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,236

Total Expenses

$4,295

Mortgage P&I

53%

$2,266

Property Taxes

8%

$358

Home Insurance

4%

$175

HOA

1%

$57

Property Management

12%

$508

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$466

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