REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,854 (target)

1802 Norwich Dr, Greensboro, NC 27410

3 beds • 2 baths • 1416 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.6% first-year return on $88,686 initial cash invested.

-2.6%

Cash On Cash

5.74%

Cap Rate

0.95

DSCR

$2,854

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,854 income − $3,046 expenses = $192 out of pocket

Income$2,854Out of Pocket$192Mortgage P&I$1,68859%Property Taxes$2679%Insurance$1214%Management$34212%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,686

Downpayment

20%

$67,320

Closing costs

1%

$3,366

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,854

Total Expenses

$3,046

Mortgage P&I

59%

$1,688

Property Taxes

9%

$267

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis