REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

309 Presnell St, Burnsville, NC 28714

3 beds • 2 baths • 1504 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $91,290 initial cash invested.

-2.1%

Cash On Cash

5.68%

Cap Rate

0.97

DSCR

$2,622

Rent

-$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,290

Downpayment

20%

$69,800

Closing costs

1%

$3,490

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,622

Total Expenses

$2,782

Mortgage P&I

65%

$1,707

Property Taxes

2%

$61

Home Insurance

5%

$122

HOA

0%

$0

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$288

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis