REI Lense

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$3,816 (target)

3970 Tenneyson Ct NW, Concord, NC 28027

3 beds • 3 baths • 2384 sqft

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This property looks like a bad Mid-Term investment with a projected -1.54% first-year return on $110k initial cash invested.

-1.54%

Cash On Cash

6.05%

Cap Rate

1.01

DSCR

$3,816

Rent

-$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,816 income − $3,957 expenses = $141 out of pocket

Income$3,816Out of Pocket$141Mortgage P&I$2,20158%Property Taxes$2847%Insurance$1564%HOA$18Management$45812%CapEx$1534%Vacancy$1143%Maintenance$1534%Other$42011%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,800

Closing costs

1%

$4,390

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,816

Total Expenses

$3,957

Mortgage P&I

58%

$2,201

Property Taxes

7%

$284

Home Insurance

4%

$156

HOA

0%

$18

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$114

Maintenance

4%

$153

Other

11%

$420

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