REI Lense

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$1,709 (target)

1516 Cypress Dr, Henderson, NC 27536

3 beds • 2 baths • 2263 sqft

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This property looks like a bad Long-Term investment with a projected -9.68% first-year return on $54,180 initial cash invested.

-9.68%

Cash On Cash

4.56%

Cap Rate

0.74

DSCR

$1,709

Rent

-$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,709 income − $2,146 expenses = $437 out of pocket

Income$1,709Out of Pocket$437Mortgage P&I$1,33378%Property Taxes$27916%Insurance$905%Management$17110%CapEx$855%Vacancy$1036%Maintenance$855%

Investment Breakdown

|

Purchase Price

$258k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,180

Downpayment

20%

$51,600

Closing costs

1%

$2,580

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,709

Total Expenses

$2,146

Mortgage P&I

78%

$1,333

Property Taxes

16%

$279

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$85

Vacancy

6%

$103

Maintenance

5%

$85

Other

0%

$0

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