REI Lense

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$3,213 (target)

37 Meadow Vista Ln, Angier, NC 27501

3 beds • 3 baths • 2349 sqft

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This property looks like a bad Mid-Term investment with a projected -3.26% first-year return on $95,364 initial cash invested.

-3.26%

Cash On Cash

5.64%

Cap Rate

0.93

DSCR

$3,213

Rent

-$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,213 income − $3,472 expenses = $259 out of pocket

Income$3,213Out of Pocket$259Mortgage P&I$1,86258%Property Taxes$35311%Insurance$1314%HOA$331%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35311%

Investment Breakdown

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Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,364

Downpayment

20%

$73,680

Closing costs

1%

$3,684

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,213

Total Expenses

$3,472

Mortgage P&I

58%

$1,862

Property Taxes

11%

$353

Home Insurance

4%

$131

HOA

1%

$33

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$353

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