REI Lense

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$2,564 (target)

1516 Cypress Dr, Henderson, NC 27536

3 beds • 2 baths • 2263 sqft

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This property looks like a bad Mid-Term investment with a projected -0.18% first-year return on $72,180 initial cash invested.

-0.18%

Cash On Cash

6.63%

Cap Rate

1.07

DSCR

$2,564

Rent

-$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $2,575 expenses = $11 out of pocket

Income$2,564Out of Pocket$11Mortgage P&I$1,33352%Property Taxes$27911%Insurance$904%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%

Investment Breakdown

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Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,180

Downpayment

20%

$51,600

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,564

Total Expenses

$2,575

Mortgage P&I

52%

$1,333

Property Taxes

11%

$279

Home Insurance

4%

$90

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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