REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1405 Freeman Falls Ct, Wake Forest, NC 27587

3 beds • 3 baths • 2736 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.02% first-year return on $122k initial cash invested.

-18.02%

Cash On Cash

2.27%

Cap Rate

0.39

DSCR

$2,328

Rent

-$1,834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,817

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,328

Total Expenses

$4,162

Mortgage P&I

121%

$2,818

Property Taxes

19%

$443

Home Insurance

9%

$206

HOA

4%

$90

Property Management

10%

$233

CapEx

5%

$116

Vacancy

6%

$140

Maintenance

5%

$116

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis