REI Lense

REI Lense

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$2,142 (target)

37 Meadow Vista Ln, Angier, NC 27501

3 beds • 3 baths • 2349 sqft

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This property looks like a bad Long-Term investment with a projected -12.32% first-year return on $77,364 initial cash invested.

-12.32%

Cash On Cash

3.83%

Cap Rate

0.63

DSCR

$2,142

Rent

-$794

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $2,936 expenses = $794 out of pocket

Income$2,142Out of Pocket$794Mortgage P&I$1,86287%Property Taxes$35316%Insurance$1316%HOA$332%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,364

Downpayment

20%

$73,680

Closing costs

1%

$3,684

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,142

Total Expenses

$2,936

Mortgage P&I

87%

$1,862

Property Taxes

16%

$353

Home Insurance

6%

$131

HOA

2%

$33

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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