REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,526 (target)

2204 Lexington St, Belmont, NC 28012

3 beds • 4 baths • 2702 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.29% first-year return on $161k initial cash invested.

-9.29%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$4,526

Rent

-$1,243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$679k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,791

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,526

Total Expenses

$5,769

Mortgage P&I

75%

$3,404

Property Taxes

12%

$522

Home Insurance

5%

$245

HOA

1%

$59

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$498

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis