REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,540 (target)

1410 Mays Chapel Church Rd, Newton, NC 28658

3 beds • 3 baths • 1418 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.74% first-year return on $81,102 initial cash invested.

-15.74%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$1,540

Rent

-$1,064

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $2,604 expenses = $1,064 out of pocket

Income$1,540Out of Pocket$1,064Mortgage P&I$1,928125%Property Taxes$1369%Insurance$1409%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,102

Downpayment

20%

$77,240

Closing costs

1%

$3,862

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$2,604

Mortgage P&I

125%

$1,928

Property Taxes

9%

$136

Home Insurance

9%

$140

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis