REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,183 (target)

300 Burnt Pine Ct, Apex, NC 27502

3 beds • 3 baths • 1638 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.69% first-year return on $114k initial cash invested.

-18.69%

Cash On Cash

2.4%

Cap Rate

0.39

DSCR

$2,183

Rent

-$1,783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,183 income − $3,966 expenses = $1,783 out of pocket

Income$2,183Out of Pocket$1,783Mortgage P&I$2,765127%Property Taxes$38818%Insurance$1969%HOA$502%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,183

Total Expenses

$3,966

Mortgage P&I

127%

$2,765

Property Taxes

18%

$388

Home Insurance

9%

$196

HOA

2%

$50

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis