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$1,344 (target)

1697 Denver Ct, Lenoir, NC 28645

3 beds • 2 baths • 960 sqft

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This property looks like a bad Long-Term investment with a projected -9.02% first-year return on $47,229 initial cash invested.

-9.02%

Cash On Cash

4.71%

Cap Rate

0.75

DSCR

$1,344

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,344 income − $1,699 expenses = $355 out of pocket

Income$1,344Out of Pocket$355Mortgage P&I$1,17187%Property Taxes$1007%Insurance$796%Management$13410%CapEx$675%Vacancy$816%Maintenance$675%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,344

Total Expenses

$1,699

Mortgage P&I

87%

$1,171

Property Taxes

7%

$100

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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