REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3918 Skyline Dr, Morganton, NC 28655

3 beds • 4 baths • 4100 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.01% first-year return on $201k initial cash invested.

-16.01%

Cash On Cash

2.6%

Cap Rate

0.45

DSCR

$3,641

Rent

-$2,679

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$956k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$201k

Downpayment

20%

$191k

Closing costs

1%

$9,564

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,641

Total Expenses

$6,320

Mortgage P&I

125%

$4,566

Property Taxes

11%

$415

Home Insurance

10%

$350

HOA

1%

$43

Property Management

10%

$364

CapEx

5%

$182

Vacancy

6%

$218

Maintenance

5%

$182

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis