REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,552 (target)

1970 Husbands Creek Rd, Lenoir, NC 28645

3 beds • 2 baths • 1104 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.39% first-year return on $53,487 initial cash invested.

-8.39%

Cash On Cash

4.76%

Cap Rate

0.77

DSCR

$1,552

Rent

-$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,552 income − $1,926 expenses = $374 out of pocket

Income$1,552Out of Pocket$374Mortgage P&I$1,30684%Property Taxes$1258%Insurance$916%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,487

Downpayment

20%

$50,940

Closing costs

1%

$2,547

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,552

Total Expenses

$1,926

Mortgage P&I

84%

$1,306

Property Taxes

8%

$125

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis