REI Lense

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$1,903 (target)

125 Round Mountain Rd, Brevard, NC 28712

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $70,329 initial cash invested.

-8.99%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$1,903

Rent

-$527

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,903 income − $2,430 expenses = $527 out of pocket

Income$1,903Out of Pocket$527Mortgage P&I$1,67688%Property Taxes$1025%Insurance$1588%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,903

Total Expenses

$2,430

Mortgage P&I

88%

$1,676

Property Taxes

5%

$102

Home Insurance

8%

$158

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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