REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,202 (target)

239 Carroll St, Wake Forest, NC 27587

3 beds • 3 baths • sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.85% first-year return on $96,939 initial cash invested.

-2.85%

Cash On Cash

5.61%

Cap Rate

0.95

DSCR

$3,202

Rent

-$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,202 income − $3,432 expenses = $230 out of pocket

Income$3,202Out of Pocket$230Mortgage P&I$1,85858%Property Taxes$35111%Insurance$1354%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

|

Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,939

Downpayment

20%

$75,180

Closing costs

1%

$3,759

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,202

Total Expenses

$3,432

Mortgage P&I

58%

$1,858

Property Taxes

11%

$351

Home Insurance

4%

$135

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis