REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,196 (target)

148 River Haven Drive, Banner Elk, NC 28604

3 beds • 3 baths • 2118 sqft

$1,374,400

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -20.06% first-year return on $307k initial cash invested.

-20.06%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$4,196

Rent

-$5,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,196 income − $9,321 expenses = $5,125 out of pocket

Income$4,196Out of Pocket$5,125Mortgage P&I$6,852163%Property Taxes$2807%Insurance$50812%HOA$2536%Management$50412%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46211%

Investment Breakdown

|

Purchase Price

$1374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$307k

Downpayment

20%

$275k

Closing costs

1%

$13,744

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,196

Total Expenses

$9,321

Mortgage P&I

163%

$6,852

Property Taxes

7%

$280

Home Insurance

12%

$508

HOA

6%

$253

Property Management

12%

$504

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$462

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis