REI Lense

REI Lense

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$1,885 (target)

275 Stewarts Creek Rd, Raeford, NC 28376

3 beds • 2 baths • 2324 sqft

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This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $85,302 initial cash invested.

-14.24%

Cash On Cash

3.32%

Cap Rate

0.55

DSCR

$1,885

Rent

-$1,012

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,885 income − $2,897 expenses = $1,012 out of pocket

Income$1,885Out of Pocket$1,012Mortgage P&I$2,043108%Property Taxes$21912%Insurance$1468%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,302

Downpayment

20%

$81,240

Closing costs

1%

$4,062

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,885

Total Expenses

$2,897

Mortgage P&I

108%

$2,043

Property Taxes

12%

$219

Home Insurance

8%

$146

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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