REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,573 (target)

2218 S Virginia Dare Trl, Nags Head, NC 27959

3 beds • 2 baths • 1357 sqft

Email

This property looks like a bad Mid-Term investment with a projected -15.21% first-year return on $206k initial cash invested.

-15.21%

Cash On Cash

2.69%

Cap Rate

0.45

DSCR

$3,573

Rent

-$2,610

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $6,183 expenses = $2,610 out of pocket

Income$3,573Out of Pocket$2,610Mortgage P&I$4,473125%Property Taxes$1825%Insurance$3139%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%

Investment Breakdown

|

Purchase Price

$895k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$206k

Downpayment

20%

$179k

Closing costs

1%

$8,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,573

Total Expenses

$6,183

Mortgage P&I

125%

$4,473

Property Taxes

5%

$182

Home Insurance

9%

$313

HOA

0%

$0

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis