REI Lense

REI Lense

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$2,560 (target)

165 Mix Trail Ln, Raeford, NC 28376

3 beds • 2 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 3.24% first-year return on $68,526 initial cash invested.

3.24%

Cash On Cash

7.82%

Cap Rate

1.22

DSCR

$2,560

Rent

$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$241k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,526

Downpayment

20%

$48,120

Closing costs

1%

$2,406

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,560

Total Expenses

$2,375

Mortgage P&I

50%

$1,281

Property Taxes

5%

$139

Home Insurance

3%

$85

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$282

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