REI Lense

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$2,284 (target)

2425 Ferdinand Dr, Knightdale, NC 27545

3 beds • 3 baths • 2426 sqft

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This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $82,110 initial cash invested.

-11.03%

Cash On Cash

3.97%

Cap Rate

0.67

DSCR

$2,284

Rent

-$755

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,284 income − $3,039 expenses = $755 out of pocket

Income$2,284Out of Pocket$755Mortgage P&I$1,93585%Property Taxes$31414%Insurance$1396%HOA$583%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,110

Downpayment

20%

$78,200

Closing costs

1%

$3,910

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,284

Total Expenses

$3,039

Mortgage P&I

85%

$1,935

Property Taxes

14%

$314

Home Insurance

6%

$139

HOA

3%

$58

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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