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 Mid-Term investment with a projected -10.73% first-year return on $140k initial cash invested.

-10.73%

Cash On Cash

3.52%

Cap Rate

0.61

DSCR

$3,492

Rent

-$1,253

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

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,817

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,492

Total Expenses

$4,745

Mortgage P&I

81%

$2,818

Property Taxes

13%

$443

Home Insurance

6%

$206

HOA

3%

$90

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis