REI Lense

REI Lense

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$3,012 (target)

3012 Waycross Dr, Monroe, NC 28110

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Mid-Term investment with a projected -3.73% first-year return on $101k initial cash invested.

-3.73%

Cash On Cash

5.29%

Cap Rate

0.9

DSCR

$3,012

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,760

Closing costs

1%

$3,938

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,012

Total Expenses

$3,325

Mortgage P&I

64%

$1,928

Property Taxes

8%

$235

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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