REI Lense

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$4,246 (target)

217 Dressage Ct, Mebane, NC 27302

3 beds • 3 baths • 3080 sqft

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This property looks like a bad Mid-Term investment with a projected -12.15% first-year return on $178k initial cash invested.

-12.15%

Cash On Cash

3.54%

Cap Rate

0.58

DSCR

$4,246

Rent

-$1,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,246 income − $6,048 expenses = $1,802 out of pocket

Income$4,246Out of Pocket$1,802Mortgage P&I$3,88191%Property Taxes$44310%Insurance$2807%Management$51012%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

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Purchase Price

$762k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$152k

Closing costs

1%

$7,619

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,246

Total Expenses

$6,048

Mortgage P&I

91%

$3,881

Property Taxes

10%

$443

Home Insurance

7%

$280

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

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