REI Lense

REI Lense

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$2,082 (target)

269 Pinewood Knoll Dr, Hendersonville, NC 28739

3 beds • 2 baths • 1360 sqft

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This property might be a fair Long-Term investment with a projected 7.09% first-year return on $43,470 initial cash invested.

7.09%

Cash On Cash

8.56%

Cap Rate

1.32

DSCR

$2,082

Rent

$257

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,082 income − $1,825 expenses = $257 cash flow

Income$2,082Mortgage P&I$1,11654%Property Taxes$965%Insurance$723%Management$20810%CapEx$1045%Vacancy$1256%Maintenance$1045%Cash Flow$257

Investment Breakdown

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Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,470

Downpayment

20%

$41,400

Closing costs

1%

$2,070

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,082

Total Expenses

$1,825

Mortgage P&I

54%

$1,116

Property Taxes

5%

$96

Home Insurance

3%

$72

HOA

0%

$0

Property Management

10%

$208

CapEx

5%

$104

Vacancy

6%

$125

Maintenance

5%

$104

Other

0%

$0

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