REI Lense

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$3,008 (target)

30 Loganberry Rd, Bunnlevel, NC 28323

3 beds • 2 baths • 1736 sqft

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This property might be a fair Mid-Term investment with a projected 4.36% first-year return on $82,029 initial cash invested.

4.36%

Cash On Cash

7.73%

Cap Rate

1.27

DSCR

$3,008

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $2,710 expenses = $298 cash flow

Income$3,008Mortgage P&I$1,54751%Property Taxes$171%Insurance$1074%HOA$171%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%Cash Flow$298

Investment Breakdown

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Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,029

Downpayment

20%

$60,980

Closing costs

1%

$3,049

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$2,710

Mortgage P&I

51%

$1,547

Property Taxes

1%

$17

Home Insurance

4%

$107

HOA

1%

$17

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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