REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,943 (target)

1495 Miriam Ave, Garner, NC 27529

3 beds • 3 baths • 1625 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $94,902 initial cash invested.

-5.36%

Cash On Cash

5.15%

Cap Rate

0.84

DSCR

$2,943

Rent

-$424

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,943 income − $3,367 expenses = $424 out of pocket

Income$2,943Out of Pocket$424Mortgage P&I$1,87864%Property Taxes$35712%Insurance$1314%Management$35312%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,902

Downpayment

20%

$73,240

Closing costs

1%

$3,662

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,943

Total Expenses

$3,367

Mortgage P&I

64%

$1,878

Property Taxes

12%

$357

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis