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$4,052 (target)

216 Lake Pines Ln, Lexington, NC 27292

3 beds • 3 baths • 3336 sqft

$1,349,200

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This property looks like a bad Mid-Term investment with a projected -23.37% first-year return on $301k initial cash invested.

-23.37%

Cash On Cash

1.48%

Cap Rate

0.23

DSCR

$4,052

Rent

-$5,869

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,052 income − $9,921 expenses = $5,869 out of pocket

Income$4,052Out of Pocket$5,869Mortgage P&I$7,370182%Property Taxes$66516%Insurance$50813%Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%

Investment Breakdown

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Purchase Price

$1349k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$301k

Downpayment

20%

$270k

Closing costs

1%

$13,492

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,052

Total Expenses

$9,921

Mortgage P&I

182%

$7,370

Property Taxes

16%

$665

Home Insurance

13%

$508

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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