REI Lense

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$2,068 (target)

3136 Miller Falls Rd, Wendell, NC 27591

3 beds • 3 baths • 1926 sqft

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This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $72,450 initial cash invested.

-8.12%

Cash On Cash

4.58%

Cap Rate

0.77

DSCR

$2,068

Rent

-$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,068 income − $2,558 expenses = $490 out of pocket

Income$2,068Out of Pocket$490Mortgage P&I$1,70482%Property Taxes$1969%Insurance$1216%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,068

Total Expenses

$2,558

Mortgage P&I

82%

$1,704

Property Taxes

9%

$196

Home Insurance

6%

$121

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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