REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,245 (target)

1245 34th Ave NE, Hickory, NC 28601

3 beds • 5 baths • 4711 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.02% first-year return on $157k initial cash invested.

-8.02%

Cash On Cash

4.32%

Cap Rate

0.73

DSCR

$4,245

Rent

-$1,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,245 income − $5,296 expenses = $1,051 out of pocket

Income$4,245Out of Pocket$1,051Mortgage P&I$3,26677%Property Taxes$3468%Insurance$2416%Management$50912%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

|

Purchase Price

$663k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$133k

Closing costs

1%

$6,631

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,245

Total Expenses

$5,296

Mortgage P&I

77%

$3,266

Property Taxes

8%

$346

Home Insurance

6%

$241

HOA

0%

$0

Property Management

12%

$509

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis