REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,685 (target)

2250 Mallard Cove Dr, Nebo, NC 28761

3 beds • 3 baths • 2632 sqft

$1,383,700

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -28.59% first-year return on $291k initial cash invested.

-28.59%

Cash On Cash

0.9%

Cap Rate

0.13

DSCR

$2,685

Rent

-$6,924

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,685 income − $9,609 expenses = $6,924 out of pocket

Income$2,685Out of Pocket$6,924Mortgage P&I$7,830292%Property Taxes$46817%Insurance$58122%HOA$331%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$1384k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$291k

Downpayment

20%

$277k

Closing costs

1%

$13,837

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,685

Total Expenses

$9,609

Mortgage P&I

292%

$7,830

Property Taxes

17%

$468

Home Insurance

22%

$581

HOA

1%

$33

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis