REI Lense

REI Lense

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$1,759 (target)

215 Brookfield Cir, Sanford, NC 27330

3 beds • 2 baths • 1234 sqft

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This property looks like a bad Long-Term investment with a projected -5.01% first-year return on $51,534 initial cash invested.

-5.01%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$1,759

Rent

-$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,759 income − $1,974 expenses = $215 out of pocket

Income$1,759Out of Pocket$215Mortgage P&I$1,23770%Property Taxes$19011%Insurance$895%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,534

Downpayment

20%

$49,080

Closing costs

1%

$2,454

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,759

Total Expenses

$1,974

Mortgage P&I

70%

$1,237

Property Taxes

11%

$190

Home Insurance

5%

$89

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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