REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,246 (target)

303 Keziah Street, Oak Island, NC 28465

3 beds • 2 baths • 1401 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.83% first-year return on $142k initial cash invested.

-4.83%

Cash On Cash

5.23%

Cap Rate

0.87

DSCR

$4,246

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,246 income − $4,816 expenses = $570 out of pocket

Income$4,246Out of Pocket$570Mortgage P&I$2,96670%Property Taxes$1483%Insurance$2586%Management$51012%CapEx$1704%Vacancy$1273%Maintenance$1704%Other$46711%

Investment Breakdown

|

Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,890

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,246

Total Expenses

$4,816

Mortgage P&I

70%

$2,966

Property Taxes

3%

$148

Home Insurance

6%

$258

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$127

Maintenance

4%

$170

Other

11%

$467

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis