REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,980 (target)

140 Wylie Trl, Statesville, NC 28677

3 beds • 2 baths • 1709 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.93% first-year return on $90,198 initial cash invested.

-1.93%

Cash On Cash

6.06%

Cap Rate

0.99

DSCR

$2,980

Rent

-$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $3,125 expenses = $145 out of pocket

Income$2,980Out of Pocket$145Mortgage P&I$1,76359%Property Taxes$1565%Insurance$1264%HOA$672%Management$35812%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,198

Downpayment

20%

$68,760

Closing costs

1%

$3,438

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$3,125

Mortgage P&I

59%

$1,763

Property Taxes

5%

$156

Home Insurance

4%

$126

HOA

2%

$67

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis