REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,502 (target)

412 Lewis Rd, Rutherfordton, NC 28139

3 beds • 2 baths • 1581 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.2% first-year return on $80,706 initial cash invested.

-1.2%

Cash On Cash

6.09%

Cap Rate

1.01

DSCR

$2,502

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,502 income − $2,583 expenses = $81 out of pocket

Income$2,502Out of Pocket$81Mortgage P&I$1,49660%Property Taxes$1446%Insurance$934%Management$30012%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27511%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,706

Downpayment

20%

$59,720

Closing costs

1%

$2,986

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,502

Total Expenses

$2,583

Mortgage P&I

60%

$1,496

Property Taxes

6%

$144

Home Insurance

4%

$93

HOA

0%

$0

Property Management

12%

$300

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$275

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis