REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,772 (target)

40 Quinn Hill Ln, Mars Hill, NC 28754

3 beds • 2 baths • 1423 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.1% first-year return on $89,169 initial cash invested.

-2.1%

Cash On Cash

6.04%

Cap Rate

0.97

DSCR

$2,772

Rent

-$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $2,928 expenses = $156 out of pocket

Income$2,772Out of Pocket$156Mortgage P&I$1,75163%Property Taxes$1114%Insurance$1194%HOA$4Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,169

Downpayment

20%

$67,780

Closing costs

1%

$3,389

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$2,928

Mortgage P&I

63%

$1,751

Property Taxes

4%

$111

Home Insurance

4%

$119

HOA

0%

$4

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis