REI Lense

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$2,644 (target)

1707 Centre St W, Wilson, NC 27893

3 beds • 3 baths • sqft

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This property might be a fair Mid-Term investment with a projected 2.9% first-year return on $71,550 initial cash invested.

2.9%

Cash On Cash

7.36%

Cap Rate

1.22

DSCR

$2,644

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,644 income − $2,471 expenses = $173 cash flow

Income$2,644Mortgage P&I$1,28649%Property Taxes$1977%Insurance$893%Management$31712%CapEx$1064%Vacancy$793%Maintenance$1064%Other$29111%Cash Flow$173

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,644

Total Expenses

$2,471

Mortgage P&I

49%

$1,286

Property Taxes

7%

$197

Home Insurance

3%

$89

HOA

0%

$0

Property Management

12%

$317

CapEx

4%

$106

Vacancy

3%

$79

Maintenance

4%

$106

Other

11%

$291

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