REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1405 Encore Ln, Waxhaw, NC 28173

3 beds • 3 baths • 2351 sqft

Email

This property looks like a bad Mid-Term investment with a projected -13.43% first-year return on $178k initial cash invested.

-13.43%

Cash On Cash

2.83%

Cap Rate

0.49

DSCR

$3,796

Rent

-$1,990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$761k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$152k

Closing costs

1%

$7,608

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,796

Total Expenses

$5,786

Mortgage P&I

96%

$3,632

Property Taxes

7%

$261

Home Insurance

7%

$271

HOA

9%

$330

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis