REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,737 (target)

21909 Shearer Rd, Davidson, NC 28036

3 beds • 2 baths • 1594 sqft

Email

This property looks like a bad Long-Term investment with a projected -21.23% first-year return on $191k initial cash invested.

-21.23%

Cash On Cash

1.7%

Cap Rate

0.28

DSCR

$2,737

Rent

-$3,385

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,737 income − $6,122 expenses = $3,385 out of pocket

Income$2,737Out of Pocket$3,385Mortgage P&I$4,540166%Property Taxes$53820%Insurance$33212%Management$27410%CapEx$1375%Vacancy$1646%Maintenance$1375%

Investment Breakdown

|

Purchase Price

$911k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$182k

Closing costs

1%

$9,113

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,737

Total Expenses

$6,122

Mortgage P&I

166%

$4,540

Property Taxes

20%

$538

Home Insurance

12%

$332

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis