REI Lense

REI Lense

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$1,974 (target)

1460 Golf Course Rd, Littleton, NC 27850

3 beds • 2 baths • 1675 sqft

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This property looks like a bad Long-Term investment with a projected -10.23% first-year return on $74,739 initial cash invested.

-10.23%

Cash On Cash

4.18%

Cap Rate

0.7

DSCR

$1,974

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,974 income − $2,611 expenses = $637 out of pocket

Income$1,974Out of Pocket$637Mortgage P&I$1,77790%Property Taxes$1819%Insurance$1407%Management$19710%CapEx$995%Vacancy$1186%Maintenance$995%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,739

Downpayment

20%

$71,180

Closing costs

1%

$3,559

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,974

Total Expenses

$2,611

Mortgage P&I

90%

$1,777

Property Taxes

9%

$181

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$197

CapEx

5%

$99

Vacancy

6%

$118

Maintenance

5%

$99

Other

0%

$0

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