REI Lense

REI Lense

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$1,803 (target)

1496 Hardwood Cir, Newton, NC 28658

3 beds • 3 baths • 2175 sqft

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This property looks like a bad Long-Term investment with a projected -14.91% first-year return on $96,390 initial cash invested.

-14.91%

Cash On Cash

2.95%

Cap Rate

0.5

DSCR

$1,803

Rent

-$1,198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,390

Downpayment

20%

$91,800

Closing costs

1%

$4,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,803

Total Expenses

$3,001

Mortgage P&I

124%

$2,238

Property Taxes

7%

$134

Home Insurance

9%

$161

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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