REI Lense

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$3,008 (target)

3616 Still Oaks Ct NW, Concord, NC 28027

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Mid-Term investment with a projected -3.05% first-year return on $92,403 initial cash invested.

-3.05%

Cash On Cash

5.6%

Cap Rate

0.93

DSCR

$3,008

Rent

-$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,008 income − $3,243 expenses = $235 out of pocket

Income$3,008Out of Pocket$235Mortgage P&I$1,76859%Property Taxes$30410%Insurance$1224%HOA$271%Management$36112%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33111%

Investment Breakdown

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Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,403

Downpayment

20%

$70,860

Closing costs

1%

$3,543

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,008

Total Expenses

$3,243

Mortgage P&I

59%

$1,768

Property Taxes

10%

$304

Home Insurance

4%

$122

HOA

1%

$27

Property Management

12%

$361

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$331

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