REI Lense

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$2,844 (target)

3953 Will Proctor St, Denver, NC 28037

3 beds • 2 baths • 1263 sqft

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This property looks like a bad Mid-Term investment with a projected -0.79% first-year return on $87,909 initial cash invested.

-0.79%

Cash On Cash

6.19%

Cap Rate

1.03

DSCR

$2,844

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,844 income − $2,902 expenses = $58 out of pocket

Income$2,844Out of Pocket$58Mortgage P&I$1,66258%Property Taxes$1596%Insurance$1144%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,844

Total Expenses

$2,902

Mortgage P&I

58%

$1,662

Property Taxes

6%

$159

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

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