REI Lense

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$2,412 (target)

3810 Isenhour Rd, Kannapolis, NC 28081

3 beds • 2 baths • 1942 sqft

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This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $92,190 initial cash invested.

-17.99%

Cash On Cash

3.18%

Cap Rate

0.48

DSCR

$2,412

Rent

-$1,382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,412 income − $3,794 expenses = $1,382 out of pocket

Income$2,412Out of Pocket$1,382Mortgage P&I$2,423100%Property Taxes$38916%Insurance$1566%HOA$1988%Management$24110%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,190

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,412

Total Expenses

$3,794

Mortgage P&I

100%

$2,423

Property Taxes

16%

$389

Home Insurance

6%

$156

HOA

8%

$198

Property Management

10%

$241

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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