REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,962 (target)

188 E Ridge Court, Jacksonville, NC 28540

3 beds • 3 baths • 2226 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $91,605 initial cash invested.

-0.86%

Cash On Cash

6.18%

Cap Rate

1.03

DSCR

$2,962

Rent

-$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,962 income − $3,028 expenses = $66 out of pocket

Income$2,962Out of Pocket$66Mortgage P&I$1,75459%Property Taxes$1425%Insurance$1264%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,962

Total Expenses

$3,028

Mortgage P&I

59%

$1,754

Property Taxes

5%

$142

Home Insurance

4%

$126

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis