REI Lense

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$3,574 (target)

357 Rosewood Ln, Burnsville, NC 28714

3 beds • 3 baths • 2079 sqft

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This property looks like a bad Mid-Term investment with a projected -5.19% first-year return on $121k initial cash invested.

-5.19%

Cash On Cash

5.01%

Cap Rate

0.84

DSCR

$3,574

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,574 income − $4,099 expenses = $525 out of pocket

Income$3,574Out of Pocket$525Mortgage P&I$2,43868%Property Taxes$1805%Insurance$2457%HOA$211%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%

Investment Breakdown

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Purchase Price

$492k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,440

Closing costs

1%

$4,922

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,574

Total Expenses

$4,099

Mortgage P&I

68%

$2,438

Property Taxes

5%

$180

Home Insurance

7%

$245

HOA

1%

$21

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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