REI Lense

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$1,806 (target)

235 Highcroft Cir, Benson, NC 27504

3 beds • 2 baths • 1625 sqft

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This property looks like a bad Long-Term investment with a projected -13.4% first-year return on $75,516 initial cash invested.

-13.4%

Cash On Cash

3.66%

Cap Rate

0.59

DSCR

$1,806

Rent

-$843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,806 income − $2,649 expenses = $843 out of pocket

Income$1,806Out of Pocket$843Mortgage P&I$1,849102%Property Taxes$18710%Insurance$1277%HOA$171%Management$18110%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,516

Downpayment

20%

$71,920

Closing costs

1%

$3,596

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,806

Total Expenses

$2,649

Mortgage P&I

102%

$1,849

Property Taxes

10%

$187

Home Insurance

7%

$127

HOA

1%

$17

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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