REI Lense

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$2,864 (target)

2370 Ellen St, Granite Falls, NC 28630

3 beds • 2 baths • 1342 sqft

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This property looks like a bad Mid-Term investment with a projected -0.42% first-year return on $86,565 initial cash invested.

-0.42%

Cash On Cash

6.31%

Cap Rate

1.05

DSCR

$2,864

Rent

-$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,864 income − $2,894 expenses = $30 out of pocket

Income$2,864Out of Pocket$30Mortgage P&I$1,63257%Property Taxes$1636%Insurance$1244%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,565

Downpayment

20%

$65,300

Closing costs

1%

$3,265

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,864

Total Expenses

$2,894

Mortgage P&I

57%

$1,632

Property Taxes

6%

$163

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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