REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,154 (target)

216 Austin Field Ct, Mount Holly, NC 28120

3 beds • 2 baths • 1696 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.8% first-year return on $93,495 initial cash invested.

-2.8%

Cash On Cash

5.84%

Cap Rate

0.95

DSCR

$3,154

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,154 income − $3,372 expenses = $218 out of pocket

Income$3,154Out of Pocket$218Mortgage P&I$1,84358%Property Taxes$2678%Insurance$1334%HOA$572%Management$37812%CapEx$1264%Vacancy$953%Maintenance$1264%Other$34711%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,495

Downpayment

20%

$71,900

Closing costs

1%

$3,595

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,154

Total Expenses

$3,372

Mortgage P&I

58%

$1,843

Property Taxes

8%

$267

Home Insurance

4%

$133

HOA

2%

$57

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$95

Maintenance

4%

$126

Other

11%

$347

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis