REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,136 (target)

296 Acorn Ln, Rutherfordton, NC 28139

3 beds • 3 baths • 2050 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.47% first-year return on $107k initial cash invested.

-5.47%

Cash On Cash

5.4%

Cap Rate

0.84

DSCR

$3,136

Rent

-$489

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,136 income − $3,625 expenses = $489 out of pocket

Income$3,136Out of Pocket$489Mortgage P&I$2,27673%Property Taxes$1354%Insurance$1495%Management$37612%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34511%

Investment Breakdown

|

Purchase Price

$425k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,136

Total Expenses

$3,625

Mortgage P&I

73%

$2,276

Property Taxes

4%

$135

Home Insurance

5%

$149

HOA

0%

$0

Property Management

12%

$376

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$345

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis