REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,393 (target)

299 McDowell Ln, Burnsville, NC 28714

3 beds • 2 baths • 2262 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.2% first-year return on $110k initial cash invested.

-13.2%

Cash On Cash

3.57%

Cap Rate

0.59

DSCR

$2,393

Rent

-$1,205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,393 income − $3,598 expenses = $1,205 out of pocket

Income$2,393Out of Pocket$1,205Mortgage P&I$2,635110%Property Taxes$1486%Insurance$1928%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$104k

Closing costs

1%

$5,217

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,393

Total Expenses

$3,598

Mortgage P&I

110%

$2,635

Property Taxes

6%

$148

Home Insurance

8%

$192

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis