REI Lense

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$1,733 (target)

34 Cashew Ln, Smithfield, NC 27577

3 beds • 2 baths • 1472 sqft

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This property looks like a bad Long-Term investment with a projected -11.21% first-year return on $68,964 initial cash invested.

-11.21%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$1,733

Rent

-$644

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,733 income − $2,377 expenses = $644 out of pocket

Income$1,733Out of Pocket$644Mortgage P&I$1,63594%Property Taxes$16610%Insurance$1126%HOA$131%Management$17310%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,964

Downpayment

20%

$65,680

Closing costs

1%

$3,284

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,733

Total Expenses

$2,377

Mortgage P&I

94%

$1,635

Property Taxes

10%

$166

Home Insurance

6%

$112

HOA

1%

$13

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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