REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,294 (target)

2509 Farrington Point Rd, Chapel Hill, NC 27517

3 beds • 2 baths • 1578 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.71% first-year return on $107k initial cash invested.

-2.71%

Cash On Cash

5.71%

Cap Rate

0.95

DSCR

$3,294

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,294 income − $3,536 expenses = $242 out of pocket

Income$3,294Out of Pocket$242Mortgage P&I$2,13365%Property Taxes$1344%Insurance$1495%Management$39512%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36211%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,294

Total Expenses

$3,536

Mortgage P&I

65%

$2,133

Property Taxes

4%

$134

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis