REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,244 (target)

3007 Plentywood Dr, Matthews, NC 28105

3 beds • 2 baths • 2058 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.78% first-year return on $114k initial cash invested.

-7.78%

Cash On Cash

4.86%

Cap Rate

0.75

DSCR

$3,244

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,244 income − $3,981 expenses = $737 out of pocket

Income$3,244Out of Pocket$737Mortgage P&I$2,45176%Property Taxes$2648%Insurance$1635%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%

Investment Breakdown

|

Purchase Price

$455k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,060

Closing costs

1%

$4,553

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,244

Total Expenses

$3,981

Mortgage P&I

76%

$2,451

Property Taxes

8%

$264

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis