REI Lense

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$3,028 (target)

2002 Hemby Commons Pkwy, Indian Trail, NC 28079

3 beds • 3 baths • 1579 sqft

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This property looks like a bad Mid-Term investment with a projected -5.33% first-year return on $102k initial cash invested.

-5.33%

Cash On Cash

5.2%

Cap Rate

0.84

DSCR

$3,028

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,028 income − $3,482 expenses = $454 out of pocket

Income$3,028Out of Pocket$454Mortgage P&I$2,07368%Property Taxes$2077%Insurance$1445%HOA$291%Management$36312%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33311%

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,260

Closing costs

1%

$4,013

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,028

Total Expenses

$3,482

Mortgage P&I

68%

$2,073

Property Taxes

7%

$207

Home Insurance

5%

$144

HOA

1%

$29

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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