REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,726 (target)

413 Gibson Dr, Raeford, NC 28376

3 beds • 2 baths • 1601 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.68% first-year return on $73,335 initial cash invested.

3.68%

Cash On Cash

7.72%

Cap Rate

1.25

DSCR

$2,726

Rent

$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,726 income − $2,501 expenses = $225 cash flow

Income$2,726Mortgage P&I$1,36150%Property Taxes$1204%Insurance$933%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$225

Investment Breakdown

|

Purchase Price

$264k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,335

Downpayment

20%

$52,700

Closing costs

1%

$2,635

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,726

Total Expenses

$2,501

Mortgage P&I

50%

$1,361

Property Taxes

4%

$120

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis