REI Lense

REI Lense

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$1,663 (target)

3025 Hazel Dr, Shelby, NC 28152

3 beds • 2 baths • 1590 sqft

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This property looks like a bad Long-Term investment with a projected -7.56% first-year return on $53,781 initial cash invested.

-7.56%

Cash On Cash

4.8%

Cap Rate

0.8

DSCR

$1,663

Rent

-$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,663 income − $2,002 expenses = $339 out of pocket

Income$1,663Out of Pocket$339Mortgage P&I$1,28077%Property Taxes$19712%Insurance$936%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,781

Downpayment

20%

$51,220

Closing costs

1%

$2,561

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,663

Total Expenses

$2,002

Mortgage P&I

77%

$1,280

Property Taxes

12%

$197

Home Insurance

6%

$93

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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