REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,064 (target)

3938 Village Blvd, Conover, NC 28613

3 beds • 2 baths • 1654 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $78,375 initial cash invested.

3.35%

Cash On Cash

7.53%

Cap Rate

1.23

DSCR

$3,064

Rent

$219

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,064 income − $2,845 expenses = $219 cash flow

Income$3,064Mortgage P&I$1,46348%Property Taxes$2127%Insurance$1023%HOA$251%Management$36812%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33711%Cash Flow$219

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,375

Downpayment

20%

$57,500

Closing costs

1%

$2,875

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,064

Total Expenses

$2,845

Mortgage P&I

48%

$1,463

Property Taxes

7%

$212

Home Insurance

3%

$102

HOA

1%

$25

Property Management

12%

$368

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$337

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis