REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3485 Bridgeford Ln, Newton, NC 28658

3 beds • 2 baths • 2320 sqft

Email

This property looks like a bad Mid-Term investment with a projected -12.1% first-year return on $148k initial cash invested.

-12.1%

Cash On Cash

3.1%

Cap Rate

0.54

DSCR

$2,846

Rent

-$1,494

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,846

Total Expenses

$4,340

Mortgage P&I

105%

$2,983

Property Taxes

6%

$172

Home Insurance

8%

$217

HOA

0%

$0

Property Management

12%

$342

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis