REI Lense

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$3,346 (target)

2 Bear Rock Loop Rd, Hendersonville, NC 28739

3 beds • 3 baths • 1551 sqft

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This property looks like a bad Mid-Term investment with a projected -3.18% first-year return on $107k initial cash invested.

-3.18%

Cash On Cash

5.66%

Cap Rate

0.93

DSCR

$3,346

Rent

-$284

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,346 income − $3,630 expenses = $284 out of pocket

Income$3,346Out of Pocket$284Mortgage P&I$2,15664%Property Taxes$1394%Insurance$1494%HOA$481%Management$40212%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36811%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,346

Total Expenses

$3,630

Mortgage P&I

64%

$2,156

Property Taxes

4%

$139

Home Insurance

4%

$149

HOA

1%

$48

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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