REI Lense

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$1,490 (target)

135 Seneca Dr, Louisburg, NC 27549

3 beds • 2 baths • 1665 sqft

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This property looks like a bad Long-Term investment with a projected -17.38% first-year return on $89,250 initial cash invested.

-17.38%

Cash On Cash

2.55%

Cap Rate

0.43

DSCR

$1,490

Rent

-$1,293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,490 income − $2,783 expenses = $1,293 out of pocket

Income$1,490Out of Pocket$1,293Mortgage P&I$2,123142%Property Taxes$211%Insurance$14910%HOA$1047%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,250

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,490

Total Expenses

$2,783

Mortgage P&I

142%

$2,123

Property Taxes

1%

$21

Home Insurance

10%

$149

HOA

7%

$104

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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