REI Lense

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$4,164 (target)

372 Shady Ridge Rd, Waynesville, NC 28785

3 beds • 3 baths • 1801 sqft

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This property might be a fair Mid-Term investment with a projected 2.62% first-year return on $110k initial cash invested.

2.62%

Cash On Cash

7.11%

Cap Rate

1.19

DSCR

$4,164

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,164 income − $3,925 expenses = $239 cash flow

Income$4,164Mortgage P&I$2,17652%Property Taxes$1464%Insurance$1574%HOA$291%Management$50012%CapEx$1674%Vacancy$1253%Maintenance$1674%Other$45811%Cash Flow$239

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,160

Closing costs

1%

$4,358

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,164

Total Expenses

$3,925

Mortgage P&I

52%

$2,176

Property Taxes

4%

$146

Home Insurance

4%

$157

HOA

1%

$29

Property Management

12%

$500

CapEx

4%

$167

Vacancy

3%

$125

Maintenance

4%

$167

Other

11%

$458

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