REI Lense

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$3,578 (target)

1560 Crimson Leaf Ln, Wake Forest, NC 27587

3 beds • 3 baths • 2328 sqft

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This property looks like a bad Mid-Term investment with a projected -5.92% first-year return on $114k initial cash invested.

-5.92%

Cash On Cash

5.1%

Cap Rate

0.82

DSCR

$3,578

Rent

-$564

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,578 income − $4,142 expenses = $564 out of pocket

Income$3,578Out of Pocket$564Mortgage P&I$2,36866%Property Taxes$3229%Insurance$1635%HOA$732%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39411%

Investment Breakdown

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Purchase Price

$458k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,660

Closing costs

1%

$4,583

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,578

Total Expenses

$4,142

Mortgage P&I

66%

$2,368

Property Taxes

9%

$322

Home Insurance

5%

$163

HOA

2%

$73

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$394

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