REI Lense

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$2,681 (target)

2104 Possum Trot Rd, Wake Forest, NC 27587

3 beds • 3 baths • 2635 sqft

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This property looks like a bad Long-Term investment with a projected -13.73% first-year return on $122k initial cash invested.

-13.73%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$2,681

Rent

-$1,397

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,681 income − $4,078 expenses = $1,397 out of pocket

Income$2,681Out of Pocket$1,397Mortgage P&I$2,926109%Property Taxes$2459%Insurance$2108%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

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Purchase Price

$582k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$116k

Closing costs

1%

$5,816

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,681

Total Expenses

$4,078

Mortgage P&I

109%

$2,926

Property Taxes

9%

$245

Home Insurance

8%

$210

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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