REI Lense

REI Lense

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$2,538 (target)

145 Hobby Rd, Holly Springs, NC 27540

3 beds • 3 baths • 2391 sqft

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This property looks like a bad Long-Term investment with a projected -13.82% first-year return on $119k initial cash invested.

-13.82%

Cash On Cash

3.34%

Cap Rate

0.56

DSCR

$2,538

Rent

-$1,368

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,538 income − $3,906 expenses = $1,368 out of pocket

Income$2,538Out of Pocket$1,368Mortgage P&I$2,815111%Property Taxes$2319%Insurance$2008%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$566k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$113k

Closing costs

1%

$5,655

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,538

Total Expenses

$3,906

Mortgage P&I

111%

$2,815

Property Taxes

9%

$231

Home Insurance

8%

$200

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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