REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,472 (target)

2361 Kennedy Rd, Thomasville, NC 27360

3 beds • 3 baths • 4481 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.23% first-year return on $114k initial cash invested.

-6.23%

Cash On Cash

5.2%

Cap Rate

0.81

DSCR

$3,472

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,472 income − $4,063 expenses = $591 out of pocket

Income$3,472Out of Pocket$591Mortgage P&I$2,42970%Property Taxes$2367%Insurance$2176%Management$41712%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38211%

Investment Breakdown

|

Purchase Price

$457k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,300

Closing costs

1%

$4,565

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,472

Total Expenses

$4,063

Mortgage P&I

70%

$2,429

Property Taxes

7%

$236

Home Insurance

6%

$217

HOA

0%

$0

Property Management

12%

$417

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$382

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis