REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,958 (target)

2805 Sparger Rd, Durham, NC 27705

3 beds • 3 baths • 1950 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.16% first-year return on $101k initial cash invested.

1.16%

Cash On Cash

6.98%

Cap Rate

1.13

DSCR

$3,958

Rent

$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,958 income − $3,860 expenses = $98 cash flow

Income$3,958Mortgage P&I$2,04652%Property Taxes$3308%Insurance$1394%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%Cash Flow$98

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,200

Closing costs

1%

$3,960

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,958

Total Expenses

$3,860

Mortgage P&I

52%

$2,046

Property Taxes

8%

$330

Home Insurance

4%

$139

HOA

0%

$0

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis