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3441 Spencer Heights Pl, Lenoir, NC 28645

3 beds • 2 baths • 1250 sqft

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This property looks like a bad Mid-Term investment with a projected -3.13% first-year return on $79,740 initial cash invested.

-3.13%

Cash On Cash

5.35%

Cap Rate

0.92

DSCR

$2,230

Rent

-$208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,740

Downpayment

20%

$58,800

Closing costs

1%

$2,940

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,230

Total Expenses

$2,438

Mortgage P&I

64%

$1,430

Property Taxes

7%

$145

Home Insurance

5%

$105

HOA

0%

$0

Property Management

12%

$268

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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