REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,082 (target)

2266 Sugar Mountain Road, Banner Elk, NC 28604

3 beds • 2 baths • 1500 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.04% first-year return on $97,650 initial cash invested.

-13.04%

Cash On Cash

3.62%

Cap Rate

0.59

DSCR

$2,082

Rent

-$1,061

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,082 income − $3,143 expenses = $1,061 out of pocket

Income$2,082Out of Pocket$1,061Mortgage P&I$2,359113%Property Taxes$804%Insurance$1638%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,650

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,082

Total Expenses

$3,143

Mortgage P&I

113%

$2,359

Property Taxes

4%

$80

Home Insurance

8%

$163

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis