REI Lense

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$1,815 (target)

3001 Softwind Dr, Clayton, NC 27520

3 beds • 3 baths • 1498 sqft

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This property looks like a bad Long-Term investment with a projected -9.68% first-year return on $60,522 initial cash invested.

-9.68%

Cash On Cash

4.35%

Cap Rate

0.72

DSCR

$1,815

Rent

-$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,815 income − $2,303 expenses = $488 out of pocket

Income$1,815Out of Pocket$488Mortgage P&I$1,44279%Property Taxes$23713%Insurance$1036%HOA$483%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,522

Downpayment

20%

$57,640

Closing costs

1%

$2,882

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,815

Total Expenses

$2,303

Mortgage P&I

79%

$1,442

Property Taxes

13%

$237

Home Insurance

6%

$103

HOA

3%

$48

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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