REI Lense

REI Lense

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$2,066 (target)

2005 Eustice Ln, Monroe, NC 28110

3 beds • 3 baths • 2424 sqft

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This property looks like a bad Long-Term investment with a projected -15% first-year return on $107k initial cash invested.

-15%

Cash On Cash

2.97%

Cap Rate

0.51

DSCR

$2,066

Rent

-$1,336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$509k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$102k

Closing costs

1%

$5,088

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,066

Total Expenses

$3,402

Mortgage P&I

121%

$2,491

Property Taxes

9%

$192

Home Insurance

9%

$182

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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