REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,886 (target)

208 Glenroy Ct, Flat Rock, NC 28731

3 beds • 3 baths • 2479 sqft

$1,263,400

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -22.82% first-year return on $265k initial cash invested.

-22.82%

Cash On Cash

1.27%

Cap Rate

0.21

DSCR

$2,886

Rent

-$5,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,886 income − $7,932 expenses = $5,046 out of pocket

Income$2,886Out of Pocket$5,046Mortgage P&I$6,244216%Property Taxes$32511%Insurance$46416%HOA$1495%Management$28910%CapEx$1445%Vacancy$1736%Maintenance$1445%

Investment Breakdown

|

Purchase Price

$1263k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$265k

Downpayment

20%

$253k

Closing costs

1%

$12,634

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,886

Total Expenses

$7,932

Mortgage P&I

216%

$6,244

Property Taxes

11%

$325

Home Insurance

16%

$464

HOA

5%

$149

Property Management

10%

$289

CapEx

5%

$144

Vacancy

6%

$173

Maintenance

5%

$144

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis