REI Lense

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$2,266 (target)

324 Reid Court N, Jacksonville, NC 28540

3 beds • 2 baths • 1122 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $71,823 initial cash invested.

0.57%

Cash On Cash

6.54%

Cap Rate

1.1

DSCR

$2,266

Rent

$34

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,266 income − $2,232 expenses = $34 cash flow

Income$2,266Mortgage P&I$1,27156%Property Taxes$934%Insurance$914%HOA$6Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$34

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,266

Total Expenses

$2,232

Mortgage P&I

56%

$1,271

Property Taxes

4%

$93

Home Insurance

4%

$91

HOA

0%

$6

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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