REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,916 (target)

205 Spinel Lane, Knightdale, NC 27545

3 beds • 3 baths • 1320 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $80,244 initial cash invested.

1.23%

Cash On Cash

6.8%

Cap Rate

1.13

DSCR

$2,916

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,916 income − $2,834 expenses = $82 cash flow

Income$2,916Mortgage P&I$1,48151%Property Taxes$2398%Insurance$1164%HOA$6Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32111%Cash Flow$82

Investment Breakdown

|

Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,244

Downpayment

20%

$59,280

Closing costs

1%

$2,964

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,916

Total Expenses

$2,834

Mortgage P&I

51%

$1,481

Property Taxes

8%

$239

Home Insurance

4%

$116

HOA

0%

$6

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$321

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis