REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,768 (target)

16 Shadow Brook Dr, Flat Rock, NC 28731

3 beds • 3 baths • 2397 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.17% first-year return on $198k initial cash invested.

-15.17%

Cash On Cash

2.72%

Cap Rate

0.45

DSCR

$3,768

Rent

-$2,500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,768 income − $6,268 expenses = $2,500 out of pocket

Income$3,768Out of Pocket$2,500Mortgage P&I$4,292114%Property Taxes$3499%Insurance$3048%HOA$421%Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41411%

Investment Breakdown

|

Purchase Price

$856k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$171k

Closing costs

1%

$8,561

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,768

Total Expenses

$6,268

Mortgage P&I

114%

$4,292

Property Taxes

9%

$349

Home Insurance

8%

$304

HOA

1%

$42

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis