REI Lense

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$1,800 (target)

2406 Glen Laurel Dr, Greensboro, NC 27406

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -5.38% first-year return on $53,550 initial cash invested.

-5.38%

Cash On Cash

5.49%

Cap Rate

0.89

DSCR

$1,800

Rent

-$240

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,800 income − $2,040 expenses = $240 out of pocket

Income$1,800Out of Pocket$240Mortgage P&I$1,31673%Property Taxes$1337%Insurance$895%HOA$342%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,550

Downpayment

20%

$51,000

Closing costs

1%

$2,550

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,040

Mortgage P&I

73%

$1,316

Property Taxes

7%

$133

Home Insurance

5%

$89

HOA

2%

$34

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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