REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,859 (target)

2065 Gary Ln, Hickory, NC 28602

3 beds • 2 baths • 1577 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.76% first-year return on $95,490 initial cash invested.

-4.76%

Cash On Cash

5.76%

Cap Rate

0.87

DSCR

$2,859

Rent

-$379

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $3,238 expenses = $379 out of pocket

Income$2,859Out of Pocket$379Mortgage P&I$2,03671%Property Taxes$1024%Insurance$1295%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

|

Purchase Price

$369k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,490

Downpayment

20%

$73,800

Closing costs

1%

$3,690

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,859

Total Expenses

$3,238

Mortgage P&I

71%

$2,036

Property Taxes

4%

$102

Home Insurance

5%

$129

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis