REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,096 (target)

16 Loganberry Ave, Bunnlevel, NC 28323

3 beds • 3 baths • 1953 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.4% first-year return on $82,659 initial cash invested.

2.4%

Cash On Cash

7.21%

Cap Rate

1.19

DSCR

$3,096

Rent

$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,096 income − $2,931 expenses = $165 cash flow

Income$3,096Mortgage P&I$1,56250%Property Taxes$1906%Insurance$1083%HOA$171%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$165

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,659

Downpayment

20%

$61,580

Closing costs

1%

$3,079

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,096

Total Expenses

$2,931

Mortgage P&I

50%

$1,562

Property Taxes

6%

$190

Home Insurance

3%

$108

HOA

1%

$17

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis