REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

270 Lewis Ferry Rd, Statesville, NC 28677

3 beds • 3 baths • 2360 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.74% first-year return on $102k initial cash invested.

-14.74%

Cash On Cash

2.99%

Cap Rate

0.51

DSCR

$1,933

Rent

-$1,253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,160

Closing costs

1%

$4,858

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,933

Total Expenses

$3,186

Mortgage P&I

122%

$2,366

Property Taxes

7%

$142

Home Insurance

9%

$175

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis