REI Lense

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$2,392 (target)

201 Forest Rd, Oxford, NC 27565

3 beds • 2 baths • 1960 sqft

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This property looks like a bad Mid-Term investment with a projected -6.45% first-year return on $87,867 initial cash invested.

-6.45%

Cash On Cash

4.81%

Cap Rate

0.78

DSCR

$2,392

Rent

-$472

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,392 income − $2,864 expenses = $472 out of pocket

Income$2,392Out of Pocket$472Mortgage P&I$1,70971%Property Taxes$2209%Insurance$1215%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,867

Downpayment

20%

$66,540

Closing costs

1%

$3,327

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,392

Total Expenses

$2,864

Mortgage P&I

71%

$1,709

Property Taxes

9%

$220

Home Insurance

5%

$121

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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