REI Lense

REI Lense

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$3,375 (target)

216 Portrait Way, Indian Trail, NC 28079

3 beds • 3 baths • 1906 sqft

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This property looks like a bad Mid-Term investment with a projected -7.84% first-year return on $130k initial cash invested.

-7.84%

Cash On Cash

4.27%

Cap Rate

0.73

DSCR

$3,375

Rent

-$850

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$534k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,341

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,375

Total Expenses

$4,225

Mortgage P&I

78%

$2,616

Property Taxes

9%

$287

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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