REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,733 (target)

127 Rustic Way Ln, Mooresville, NC 28117

3 beds • 2 baths • 1820 sqft

Email

This property might be a fair Long-Term investment with a projected 1.03% first-year return on $72,135 initial cash invested.

1.03%

Cash On Cash

6.7%

Cap Rate

1.12

DSCR

$2,733

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,733 income − $2,671 expenses = $62 cash flow

Income$2,733Mortgage P&I$1,71963%Property Taxes$1194%Insurance$1224%Management$27310%CapEx$1375%Vacancy$1646%Maintenance$1375%Cash Flow$62

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,135

Downpayment

20%

$68,700

Closing costs

1%

$3,435

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,733

Total Expenses

$2,671

Mortgage P&I

63%

$1,719

Property Taxes

4%

$119

Home Insurance

4%

$122

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis