REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,853 (target)

2174 Cora Dr, Hope Mills, NC 28348

3 beds • 3 baths • 1852 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $66,633 initial cash invested.

-9.45%

Cash On Cash

4.39%

Cap Rate

0.73

DSCR

$1,853

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,633

Downpayment

20%

$63,460

Closing costs

1%

$3,173

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,853

Total Expenses

$2,378

Mortgage P&I

86%

$1,592

Property Taxes

10%

$192

Home Insurance

6%

$112

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis