REI Lense

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$1,977 (target)

261 Ivystone Dr, Raeford, NC 28376

3 beds • 3 baths • 1867 sqft

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This property looks like a bad Long-Term investment with a projected -5.34% first-year return on $63,609 initial cash invested.

-5.34%

Cash On Cash

5.29%

Cap Rate

0.88

DSCR

$1,977

Rent

-$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,977 income − $2,260 expenses = $283 out of pocket

Income$1,977Out of Pocket$283Mortgage P&I$1,51977%Property Taxes$854%Insurance$1075%HOA$342%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

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Purchase Price

$303k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,609

Downpayment

20%

$60,580

Closing costs

1%

$3,029

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,977

Total Expenses

$2,260

Mortgage P&I

77%

$1,519

Property Taxes

4%

$85

Home Insurance

5%

$107

HOA

2%

$34

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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