REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,261 (target)

220 W Barracuda Dr, Nags Head, NC 27959

3 beds • 3 baths • 1883 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.86% first-year return on $147k initial cash invested.

-15.86%

Cash On Cash

3.54%

Cap Rate

0.54

DSCR

$3,261

Rent

-$1,937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,261 income − $5,198 expenses = $1,937 out of pocket

Income$3,261Out of Pocket$1,937Mortgage P&I$3,831117%Property Taxes$2678%Insurance$2528%Management$32610%CapEx$1635%Vacancy$1966%Maintenance$1635%

Investment Breakdown

|

Purchase Price

$698k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$147k

Downpayment

20%

$140k

Closing costs

1%

$6,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,261

Total Expenses

$5,198

Mortgage P&I

117%

$3,831

Property Taxes

8%

$267

Home Insurance

8%

$252

HOA

0%

$0

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis