REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,319 (target)

1505 E Worthington Ave, Charlotte, NC 28203

3 beds • 2 baths • 1793 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.6% first-year return on $214k initial cash invested.

-10.6%

Cash On Cash

3.71%

Cap Rate

0.63

DSCR

$5,319

Rent

-$1,887

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,319 income − $7,206 expenses = $1,887 out of pocket

Income$5,319Out of Pocket$1,887Mortgage P&I$4,55386%Property Taxes$4969%Insurance$3487%Management$63812%CapEx$2134%Vacancy$1603%Maintenance$2134%Other$58511%

Investment Breakdown

|

Purchase Price

$932k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$214k

Downpayment

20%

$186k

Closing costs

1%

$9,315

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,319

Total Expenses

$7,206

Mortgage P&I

86%

$4,553

Property Taxes

9%

$496

Home Insurance

7%

$348

HOA

0%

$0

Property Management

12%

$638

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$585

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis