REI Lense

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$1,949 (target)

12716 Cumberland Crest Dr, Huntersville, NC 28078

3 beds • 2 baths • 1244 sqft

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This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $81,207 initial cash invested.

-12.41%

Cash On Cash

3.72%

Cap Rate

0.62

DSCR

$1,949

Rent

-$840

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,949 income − $2,789 expenses = $840 out of pocket

Income$1,949Out of Pocket$840Mortgage P&I$1,941100%Property Taxes$20410%Insurance$1387%Management$19510%CapEx$975%Vacancy$1176%Maintenance$975%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,207

Downpayment

20%

$77,340

Closing costs

1%

$3,867

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,949

Total Expenses

$2,789

Mortgage P&I

100%

$1,941

Property Taxes

10%

$204

Home Insurance

7%

$138

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

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