REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,173 (target)

1503 Caracara Drive, New Bern, NC 28560

3 beds • 3 baths • 1860 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.06% first-year return on $66,528 initial cash invested.

-6.06%

Cash On Cash

5.2%

Cap Rate

0.86

DSCR

$2,173

Rent

-$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,173 income − $2,509 expenses = $336 out of pocket

Income$2,173Out of Pocket$336Mortgage P&I$1,60074%Property Taxes$1085%Insurance$1125%HOA$1246%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,528

Downpayment

20%

$63,360

Closing costs

1%

$3,168

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,173

Total Expenses

$2,509

Mortgage P&I

74%

$1,600

Property Taxes

5%

$108

Home Insurance

5%

$112

HOA

6%

$124

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis