REI Lense

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$4,316 (target)

30 Cherokee Trl, Fletcher, NC 28732

3 beds • 3 baths • 3012 sqft

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This property looks like a bad Long-Term investment with a projected -6.26% first-year return on $143k initial cash invested.

-6.26%

Cash On Cash

5.06%

Cap Rate

0.84

DSCR

$4,316

Rent

-$747

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,316 income − $5,063 expenses = $747 out of pocket

Income$4,316Out of Pocket$747Mortgage P&I$3,40679%Property Taxes$2265%Insurance$2626%HOA$461%Management$43210%CapEx$2165%Vacancy$2596%Maintenance$2165%

Investment Breakdown

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Purchase Price

$682k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$136k

Closing costs

1%

$6,816

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,316

Total Expenses

$5,063

Mortgage P&I

79%

$3,406

Property Taxes

5%

$226

Home Insurance

6%

$262

HOA

1%

$46

Property Management

10%

$432

CapEx

5%

$216

Vacancy

6%

$259

Maintenance

5%

$216

Other

0%

$0

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