REI Lense

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$3,582 (target)

125 Rose St, Mooresville, NC 28117

3 beds • 3 baths • 2085 sqft

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This property looks like a bad Mid-Term investment with a projected -0.29% first-year return on $94,251 initial cash invested.

-0.29%

Cash On Cash

6.51%

Cap Rate

1.06

DSCR

$3,582

Rent

-$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,582 income − $3,605 expenses = $23 out of pocket

Income$3,582Out of Pocket$23Mortgage P&I$1,85052%Property Taxes$40811%Insurance$1304%Management$43012%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,251

Downpayment

20%

$72,620

Closing costs

1%

$3,631

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,582

Total Expenses

$3,605

Mortgage P&I

52%

$1,850

Property Taxes

11%

$408

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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