REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,830 (target)

307 Wyatts Pond Ln, Cary, NC 27513

3 beds • 2 baths • 1412 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.06% first-year return on $106k initial cash invested.

-8.06%

Cash On Cash

4.35%

Cap Rate

0.72

DSCR

$2,830

Rent

-$710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,830 income − $3,540 expenses = $710 out of pocket

Income$2,830Out of Pocket$710Mortgage P&I$2,11375%Property Taxes$31511%Insurance$1505%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,580

Closing costs

1%

$4,179

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,830

Total Expenses

$3,540

Mortgage P&I

75%

$2,113

Property Taxes

11%

$315

Home Insurance

5%

$150

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis