REI Lense

REI Lense

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$1,754 (target)

138 Valley Glen Dr, Troutman, NC 28166

3 beds • 2 baths • 1183 sqft

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This property looks like a bad Long-Term investment with a projected -14.33% first-year return on $80,304 initial cash invested.

-14.33%

Cash On Cash

3.44%

Cap Rate

0.56

DSCR

$1,754

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,754 income − $2,713 expenses = $959 out of pocket

Income$1,754Out of Pocket$959Mortgage P&I$1,967112%Property Taxes$1549%Insurance$1368%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,304

Downpayment

20%

$76,480

Closing costs

1%

$3,824

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,754

Total Expenses

$2,713

Mortgage P&I

112%

$1,967

Property Taxes

9%

$154

Home Insurance

8%

$136

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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