REI Lense

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$1,898 (target)

1303 Franklin Court, Goldsboro, NC 27530

3 beds • 2 baths • 1057 sqft

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This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $56,283 initial cash invested.

0.02%

Cash On Cash

7.14%

Cap Rate

1.08

DSCR

$1,898

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,898 income − $1,897 expenses = $1 cash flow

Income$1,898Mortgage P&I$1,00753%Property Taxes$1799%Insurance$653%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$1

Investment Breakdown

|

Purchase Price

$182k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,283

Downpayment

20%

$36,460

Closing costs

1%

$1,823

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$1,897

Mortgage P&I

53%

$1,007

Property Taxes

9%

$179

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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