REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,459 (target)

3200 Keighley Forest Dr, Wake Forest, NC 27587

3 beds • 3 baths • 2269 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.13% first-year return on $124k initial cash invested.

-16.13%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$2,459

Rent

-$1,668

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,459 income − $4,127 expenses = $1,668 out of pocket

Income$2,459Out of Pocket$1,668Mortgage P&I$2,968121%Property Taxes$30512%Insurance$2149%Management$24610%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$591k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$118k

Closing costs

1%

$5,910

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,459

Total Expenses

$4,127

Mortgage P&I

121%

$2,968

Property Taxes

12%

$305

Home Insurance

9%

$214

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis