REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,114 (target)

1621 Herbie Cir, Newton, NC 28658

3 beds • 2 baths • 1923 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.65% first-year return on $96,603 initial cash invested.

-0.65%

Cash On Cash

6.13%

Cap Rate

1.04

DSCR

$3,114

Rent

-$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,114 income − $3,166 expenses = $52 out of pocket

Income$3,114Out of Pocket$52Mortgage P&I$1,84059%Property Taxes$1334%Insurance$1334%Management$37412%CapEx$1254%Vacancy$933%Maintenance$1254%Other$34311%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,603

Downpayment

20%

$74,860

Closing costs

1%

$3,743

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,114

Total Expenses

$3,166

Mortgage P&I

59%

$1,840

Property Taxes

4%

$133

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$374

CapEx

4%

$125

Vacancy

3%

$93

Maintenance

4%

$125

Other

11%

$343

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis