REI Lense

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$2,660 (target)

15 Loop Rd, Clayton, NC 27527

3 beds • 2 baths • 1355 sqft

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This property might be a fair Mid-Term investment with a projected 0.18% first-year return on $79,404 initial cash invested.

0.18%

Cash On Cash

6.49%

Cap Rate

1.08

DSCR

$2,660

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,660 income − $2,648 expenses = $12 cash flow

Income$2,660Mortgage P&I$1,46455%Property Taxes$1757%Insurance$1054%Management$31912%CapEx$1064%Vacancy$803%Maintenance$1064%Other$29311%Cash Flow$12

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,404

Downpayment

20%

$58,480

Closing costs

1%

$2,924

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,660

Total Expenses

$2,648

Mortgage P&I

55%

$1,464

Property Taxes

7%

$175

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$319

CapEx

4%

$106

Vacancy

3%

$80

Maintenance

4%

$106

Other

11%

$293

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