REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,790 (target)

349 N Woodleaf Rd, Forest City, NC 28043

3 beds • 2 baths • 2023 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.71% first-year return on $74,109 initial cash invested.

-12.71%

Cash On Cash

3.7%

Cap Rate

0.61

DSCR

$1,790

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,790 income − $2,575 expenses = $785 out of pocket

Income$1,790Out of Pocket$785Mortgage P&I$1,783100%Property Taxes$19811%Insurance$1287%Management$17910%CapEx$905%Vacancy$1076%Maintenance$905%

Investment Breakdown

|

Purchase Price

$353k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,109

Downpayment

20%

$70,580

Closing costs

1%

$3,529

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,790

Total Expenses

$2,575

Mortgage P&I

100%

$1,783

Property Taxes

11%

$198

Home Insurance

7%

$128

HOA

0%

$0

Property Management

10%

$179

CapEx

5%

$90

Vacancy

6%

$107

Maintenance

5%

$90

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis