REI Lense

REI Lense

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$1,394 (target)

2014 Azalea Drive, Goldsboro, NC 27530

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -1.73% first-year return on $34,629 initial cash invested.

-1.73%

Cash On Cash

6.48%

Cap Rate

1.02

DSCR

$1,394

Rent

-$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,394 income − $1,444 expenses = $50 out of pocket

Income$1,394Out of Pocket$50Mortgage P&I$87162%Property Taxes$15211%Insurance$584%Management$13910%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,394

Total Expenses

$1,444

Mortgage P&I

62%

$871

Property Taxes

11%

$152

Home Insurance

4%

$58

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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