REI Lense

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$2,153 (target)

142 Valley Glen Dr, Troutman, NC 28166

3 beds • 3 baths • 2015 sqft

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This property looks like a bad Long-Term investment with a projected -12.54% first-year return on $87,381 initial cash invested.

-12.54%

Cash On Cash

3.88%

Cap Rate

0.63

DSCR

$2,153

Rent

-$913

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,153 income − $3,066 expenses = $913 out of pocket

Income$2,153Out of Pocket$913Mortgage P&I$2,151100%Property Taxes$20610%Insurance$1497%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$416k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,381

Downpayment

20%

$83,220

Closing costs

1%

$4,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,153

Total Expenses

$3,066

Mortgage P&I

100%

$2,151

Property Taxes

10%

$206

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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