REI Lense

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$2,817 (target)

1419 Parkside Dr, Monroe, NC 28110

3 beds • 2 baths • 1318 sqft

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This property looks like a bad Mid-Term investment with a projected -2.75% first-year return on $92,172 initial cash invested.

-2.75%

Cash On Cash

5.82%

Cap Rate

0.95

DSCR

$2,817

Rent

-$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,817 income − $3,028 expenses = $211 out of pocket

Income$2,817Out of Pocket$211Mortgage P&I$1,81164%Property Taxes$1325%Insurance$1264%Management$33812%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31011%

Investment Breakdown

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Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,172

Downpayment

20%

$70,640

Closing costs

1%

$3,532

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,817

Total Expenses

$3,028

Mortgage P&I

64%

$1,811

Property Taxes

5%

$132

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$310

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