REI Lense

REI Lense

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$2,268 (target)

1633 Holloman Dr, Fayetteville, NC 28312

3 beds • 3 baths • sqft

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This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $73,962 initial cash invested.

-7.11%

Cash On Cash

4.92%

Cap Rate

0.82

DSCR

$2,268

Rent

-$438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,268 income − $2,706 expenses = $438 out of pocket

Income$2,268Out of Pocket$438Mortgage P&I$1,77078%Property Taxes$2009%Insurance$1245%HOA$231%Management$22710%CapEx$1135%Vacancy$1366%Maintenance$1135%

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,962

Downpayment

20%

$70,440

Closing costs

1%

$3,522

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,268

Total Expenses

$2,706

Mortgage P&I

78%

$1,770

Property Taxes

9%

$200

Home Insurance

5%

$124

HOA

1%

$23

Property Management

10%

$227

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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