REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,917 (target)

1987 Wide Horizon Dr, Franklin, NC 28734

3 beds • 3 baths • 1550 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.07% first-year return on $71,358 initial cash invested.

-8.07%

Cash On Cash

4.63%

Cap Rate

0.77

DSCR

$1,917

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $2,397 expenses = $480 out of pocket

Income$1,917Out of Pocket$480Mortgage P&I$1,69488%Property Taxes$784%Insurance$1267%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,358

Downpayment

20%

$67,960

Closing costs

1%

$3,398

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$2,397

Mortgage P&I

88%

$1,694

Property Taxes

4%

$78

Home Insurance

7%

$126

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis