REI Lense

REI Lense

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$2,175 (target)

195 Lumberjack Ln, Louisburg, NC 27549

3 beds • 3 baths • 1904 sqft

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This property looks like a bad Long-Term investment with a projected -12.01% first-year return on $92,295 initial cash invested.

-12.01%

Cash On Cash

3.71%

Cap Rate

0.62

DSCR

$2,175

Rent

-$924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,175 income − $3,099 expenses = $924 out of pocket

Income$2,175Out of Pocket$924Mortgage P&I$2,173100%Property Taxes$2009%Insurance$1577%HOA$3Management$21810%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,295

Downpayment

20%

$87,900

Closing costs

1%

$4,395

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,175

Total Expenses

$3,099

Mortgage P&I

100%

$2,173

Property Taxes

9%

$200

Home Insurance

7%

$157

HOA

0%

$3

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

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