REI Lense

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$3,546 (target)

2355 Tatertown Loop, Nebo, NC 28761

3 beds • 2 baths • 1641 sqft

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This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $89,631 initial cash invested.

5.23%

Cash On Cash

7.84%

Cap Rate

1.31

DSCR

$3,546

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,546 income − $3,155 expenses = $391 cash flow

Income$3,546Mortgage P&I$1,69648%Property Taxes$1043%Insurance$1494%Management$42612%CapEx$1424%Vacancy$1063%Maintenance$1424%Other$39011%Cash Flow$391

Investment Breakdown

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Purchase Price

$341k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,631

Downpayment

20%

$68,220

Closing costs

1%

$3,411

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,546

Total Expenses

$3,155

Mortgage P&I

48%

$1,696

Property Taxes

3%

$104

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$106

Maintenance

4%

$142

Other

11%

$390

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