REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,278 (target)

21 Glen Meadows Rd, Arden, NC 28704

3 beds • 2 baths • 1190 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $80,850 initial cash invested.

-7.42%

Cash On Cash

4.8%

Cap Rate

0.8

DSCR

$2,278

Rent

-$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $2,778 expenses = $500 out of pocket

Income$2,278Out of Pocket$500Mortgage P&I$1,92585%Property Taxes$1225%Insurance$1386%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,278

Total Expenses

$2,778

Mortgage P&I

85%

$1,925

Property Taxes

5%

$122

Home Insurance

6%

$138

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis