REI Lense

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$1,608 (target)

3011 Eliza Pl N, Wilson, NC 27896

3 beds • 2 baths • 1426 sqft

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This property looks like a bad Long-Term investment with a projected -3.84% first-year return on $47,523 initial cash invested.

-3.84%

Cash On Cash

5.81%

Cap Rate

0.94

DSCR

$1,608

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,608 income − $1,760 expenses = $152 out of pocket

Income$1,608Out of Pocket$152Mortgage P&I$1,16873%Property Taxes$1147%Insurance$614%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,523

Downpayment

20%

$45,260

Closing costs

1%

$2,263

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,608

Total Expenses

$1,760

Mortgage P&I

73%

$1,168

Property Taxes

7%

$114

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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