REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,100 (target)

127 Rustic Way Ln, Mooresville, NC 28117

3 beds • 2 baths • 1820 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.93% first-year return on $90,135 initial cash invested.

9.93%

Cash On Cash

9.18%

Cap Rate

1.53

DSCR

$4,100

Rent

$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,100 income − $3,354 expenses = $746 cash flow

Income$4,100Mortgage P&I$1,71942%Property Taxes$1193%Insurance$1223%Management$49212%CapEx$1644%Vacancy$1233%Maintenance$1644%Other$45111%Cash Flow$746

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,135

Downpayment

20%

$68,700

Closing costs

1%

$3,435

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,100

Total Expenses

$3,354

Mortgage P&I

42%

$1,719

Property Taxes

3%

$119

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$492

CapEx

4%

$164

Vacancy

3%

$123

Maintenance

4%

$164

Other

11%

$451

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis