REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,000 (target)

30 Kalmia Cv, Burnsville, NC 28714

3 beds • 3 baths • 2442 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.25% first-year return on $118k initial cash invested.

-17.25%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$2,000

Rent

-$1,700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,000 income − $3,700 expenses = $1,700 out of pocket

Income$2,000Out of Pocket$1,700Mortgage P&I$2,805140%Property Taxes$1578%Insurance$21011%HOA$8Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$563k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$113k

Closing costs

1%

$5,631

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,000

Total Expenses

$3,700

Mortgage P&I

140%

$2,805

Property Taxes

8%

$157

Home Insurance

11%

$210

HOA

0%

$8

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis