REI Lense

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$1,775 (target)

184 Edwards St, Rutherfordton, NC 28139

3 beds • 2 baths • 1689 sqft

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This property looks like a bad Long-Term investment with a projected -10.65% first-year return on $69,195 initial cash invested.

-10.65%

Cash On Cash

4.04%

Cap Rate

0.68

DSCR

$1,775

Rent

-$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,775 income − $2,389 expenses = $614 out of pocket

Income$1,775Out of Pocket$614Mortgage P&I$1,63492%Property Taxes$17810%Insurance$1156%Management$17810%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,195

Downpayment

20%

$65,900

Closing costs

1%

$3,295

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,775

Total Expenses

$2,389

Mortgage P&I

92%

$1,634

Property Taxes

10%

$178

Home Insurance

6%

$115

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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