REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,019 (target)

2002 Hemby Commons Pkwy, Indian Trail, NC 28079

3 beds • 3 baths • 1579 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.66% first-year return on $84,273 initial cash invested.

-13.66%

Cash On Cash

3.63%

Cap Rate

0.59

DSCR

$2,019

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,019 income − $2,978 expenses = $959 out of pocket

Income$2,019Out of Pocket$959Mortgage P&I$2,073103%Property Taxes$20710%Insurance$1447%HOA$291%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,273

Downpayment

20%

$80,260

Closing costs

1%

$4,013

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,019

Total Expenses

$2,978

Mortgage P&I

103%

$2,073

Property Taxes

10%

$207

Home Insurance

7%

$144

HOA

1%

$29

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis