REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,708 (target)

406 Courtland Ct, Kannapolis, NC 28081

3 beds • 2 baths • 1488 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.5% first-year return on $87,699 initial cash invested.

-3.5%

Cash On Cash

5.34%

Cap Rate

0.91

DSCR

$2,708

Rent

-$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,699

Downpayment

20%

$66,380

Closing costs

1%

$3,319

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$2,964

Mortgage P&I

60%

$1,626

Property Taxes

11%

$288

Home Insurance

4%

$117

HOA

0%

$13

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis