REI Lense

REI Lense

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$2,301 (target)

216 Jones Street, New Bern, NC 28562

3 beds • 2 baths • 1144 sqft

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This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $78,585 initial cash invested.

-1.45%

Cash On Cash

5.88%

Cap Rate

1

DSCR

$2,301

Rent

-$95

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,585

Downpayment

20%

$57,700

Closing costs

1%

$2,885

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,301

Total Expenses

$2,396

Mortgage P&I

62%

$1,417

Property Taxes

4%

$95

Home Insurance

4%

$102

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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