REI Lense

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$1,793 (target)

2305 Malos St, Garner, NC 27529

3 beds • 2 baths • 1271 sqft

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This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $68,565 initial cash invested.

-9.96%

Cash On Cash

4.21%

Cap Rate

0.71

DSCR

$1,793

Rent

-$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,793 income − $2,362 expenses = $569 out of pocket

Income$1,793Out of Pocket$569Mortgage P&I$1,62591%Property Taxes$1539%Insurance$1177%Management$17910%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,565

Downpayment

20%

$65,300

Closing costs

1%

$3,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,793

Total Expenses

$2,362

Mortgage P&I

91%

$1,625

Property Taxes

9%

$153

Home Insurance

7%

$117

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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