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$3,092 (target)

2373 Wilkesboro Boulevard, Lenoir, NC 28645

3 beds • 3 baths • 5172 sqft

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This property looks like a bad Mid-Term investment with a projected -18.33% first-year return on $202k initial cash invested.

-18.33%

Cash On Cash

1.94%

Cap Rate

0.32

DSCR

$3,092

Rent

-$3,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,092 income − $6,174 expenses = $3,082 out of pocket

Income$3,092Out of Pocket$3,082Mortgage P&I$4,374141%Property Taxes$44214%Insurance$30610%Management$37112%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34011%

Investment Breakdown

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Purchase Price

$875k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$202k

Downpayment

20%

$175k

Closing costs

1%

$8,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,092

Total Expenses

$6,174

Mortgage P&I

141%

$4,374

Property Taxes

14%

$442

Home Insurance

10%

$306

HOA

0%

$0

Property Management

12%

$371

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$340

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