REI Lense

REI Lense

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$3,626 (target)

161 Sagemore Rd, Mooresville, NC 28117

3 beds • 4 baths • 3016 sqft

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This property looks like a bad Long-Term investment with a projected -11.79% first-year return on $158k initial cash invested.

-11.79%

Cash On Cash

3.68%

Cap Rate

0.63

DSCR

$3,626

Rent

-$1,554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$754k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$151k

Closing costs

1%

$7,535

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,626

Total Expenses

$5,180

Mortgage P&I

102%

$3,682

Property Taxes

7%

$257

Home Insurance

8%

$298

HOA

0%

$0

Property Management

10%

$363

CapEx

5%

$181

Vacancy

6%

$218

Maintenance

5%

$181

Other

0%

$0

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