REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,846 (target)

409 Helton Rd, Cherryville, NC 28021

3 beds • 2 baths • 1781 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.68% first-year return on $60,522 initial cash invested.

-8.68%

Cash On Cash

5.05%

Cap Rate

0.78

DSCR

$1,846

Rent

-$438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,846 income − $2,284 expenses = $438 out of pocket

Income$1,846Out of Pocket$438Mortgage P&I$1,56085%Property Taxes$1669%Insurance$784%Management$18510%CapEx$925%Vacancy$1116%Maintenance$925%

Investment Breakdown

|

Purchase Price

$288k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,522

Downpayment

20%

$57,640

Closing costs

1%

$2,882

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,846

Total Expenses

$2,284

Mortgage P&I

85%

$1,560

Property Taxes

9%

$166

Home Insurance

4%

$78

HOA

0%

$0

Property Management

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis