REI Lense

REI Lense

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$3,800 (target)

3469 Lake Shore Rd S, Denver, NC 28037

3 beds • 3 baths • 2288 sqft

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This property looks like a bad Mid-Term investment with a projected -4.38% first-year return on $125k initial cash invested.

-4.38%

Cash On Cash

5.25%

Cap Rate

0.88

DSCR

$3,800

Rent

-$457

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,104

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,800

Total Expenses

$4,257

Mortgage P&I

67%

$2,538

Property Taxes

6%

$243

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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