REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,930 (target)

134 Divot Ln, Statesville, NC 28677

3 beds • 2 baths • 1823 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.36% first-year return on $81,899 initial cash invested.

-13.36%

Cash On Cash

3.5%

Cap Rate

0.58

DSCR

$1,930

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,930 income − $2,842 expenses = $912 out of pocket

Income$1,930Out of Pocket$912Mortgage P&I$1,954101%Property Taxes$21811%Insurance$1367%HOA$332%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

|

Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,899

Downpayment

20%

$77,999

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,930

Total Expenses

$2,842

Mortgage P&I

101%

$1,954

Property Taxes

11%

$218

Home Insurance

7%

$136

HOA

2%

$33

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis