REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,370 (target)

148 Barium Ln, Statesville, NC 28677

3 beds • 2 baths • 2152 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.76% first-year return on $86,166 initial cash invested.

-3.76%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$2,370

Rent

-$270

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,370 income − $2,640 expenses = $270 out of pocket

Income$2,370Out of Pocket$270Mortgage P&I$1,62068%Property Taxes$954%Insurance$1195%Management$28412%CapEx$954%Vacancy$713%Maintenance$954%Other$26111%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,166

Downpayment

20%

$64,920

Closing costs

1%

$3,246

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,370

Total Expenses

$2,640

Mortgage P&I

68%

$1,620

Property Taxes

4%

$95

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$284

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis