REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,208 (target)

3 Rodney Ct, Flat Rock, NC 28731

3 beds • 5 baths • 3299 sqft

Email

This property looks like a bad Long-Term investment with a projected -15.85% first-year return on $166k initial cash invested.

-15.85%

Cash On Cash

2.96%

Cap Rate

0.49

DSCR

$3,208

Rent

-$2,196

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,208 income − $5,404 expenses = $2,196 out of pocket

Income$3,208Out of Pocket$2,196Mortgage P&I$3,989124%Property Taxes$2387%Insurance$2909%HOA$542%Management$32110%CapEx$1605%Vacancy$1926%Maintenance$1605%

Investment Breakdown

|

Purchase Price

$792k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$158k

Closing costs

1%

$7,915

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,208

Total Expenses

$5,404

Mortgage P&I

124%

$3,989

Property Taxes

7%

$238

Home Insurance

9%

$290

HOA

2%

$54

Property Management

10%

$321

CapEx

5%

$160

Vacancy

6%

$192

Maintenance

5%

$160

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis