REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,598 (target)

238 Emma Ln, Raeford, NC 28376

3 beds • 2 baths • 1748 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.04% first-year return on $77,430 initial cash invested.

1.04%

Cash On Cash

6.75%

Cap Rate

1.12

DSCR

$2,598

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,598 income − $2,531 expenses = $67 cash flow

Income$2,598Mortgage P&I$1,42055%Property Taxes$1275%Insurance$1004%Management$31212%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28611%Cash Flow$67

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,430

Downpayment

20%

$56,600

Closing costs

1%

$2,830

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,598

Total Expenses

$2,531

Mortgage P&I

55%

$1,420

Property Taxes

5%

$127

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$312

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis