REI Lense

REI Lense

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$1,682 (target)

1917 Rucker Rd, Shelby, NC 28152

3 beds • 2 baths • 2934 sqft

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This property looks like a bad Long-Term investment with a projected -16.67% first-year return on $86,688 initial cash invested.

-16.67%

Cash On Cash

2.64%

Cap Rate

0.45

DSCR

$1,682

Rent

-$1,204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$413k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,688

Downpayment

20%

$82,560

Closing costs

1%

$4,128

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,682

Total Expenses

$2,886

Mortgage P&I

121%

$2,027

Property Taxes

16%

$273

Home Insurance

9%

$149

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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