REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,715 (target)

3016 Longwood Dr, Shelby, NC 28152

3 beds • 2 baths • 2143 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $79,950 initial cash invested.

0.9%

Cash On Cash

6.62%

Cap Rate

1.12

DSCR

$2,715

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $2,655 expenses = $60 cash flow

Income$2,715Mortgage P&I$1,45854%Property Taxes$1706%Insurance$1034%Management$32612%CapEx$1094%Vacancy$813%Maintenance$1094%Other$29911%Cash Flow$60

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,715

Total Expenses

$2,655

Mortgage P&I

54%

$1,458

Property Taxes

6%

$170

Home Insurance

4%

$103

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$81

Maintenance

4%

$109

Other

11%

$299

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis