REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,203 (target)

3501 Parkwood School Rd, Monroe, NC 28112

3 beds • 2 baths • 2502 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.2% first-year return on $104k initial cash invested.

-14.2%

Cash On Cash

3.31%

Cap Rate

0.55

DSCR

$2,203

Rent

-$1,227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,203 income − $3,430 expenses = $1,227 out of pocket

Income$2,203Out of Pocket$1,227Mortgage P&I$2,478112%Property Taxes$2009%Insurance$1808%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

|

Purchase Price

$494k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$98,720

Closing costs

1%

$4,936

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,203

Total Expenses

$3,430

Mortgage P&I

112%

$2,478

Property Taxes

9%

$200

Home Insurance

8%

$180

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis