REI Lense

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$1,662 (target)

3933 Rockybrook Pl, Lenoir, NC 28645

3 beds • 2 baths • 1740 sqft

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This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $71,757 initial cash invested.

-12.73%

Cash On Cash

3.62%

Cap Rate

0.6

DSCR

$1,662

Rent

-$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,662 income − $2,423 expenses = $761 out of pocket

Income$1,662Out of Pocket$761Mortgage P&I$1,708103%Property Taxes$16110%Insurance$1227%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,757

Downpayment

20%

$68,340

Closing costs

1%

$3,417

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,662

Total Expenses

$2,423

Mortgage P&I

103%

$1,708

Property Taxes

10%

$161

Home Insurance

7%

$122

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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