REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,530 (target)

415 Massey Deal Rd, Statesville, NC 28625

3 beds • 2 baths • 1792 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $75,813 initial cash invested.

0.02%

Cash On Cash

6.6%

Cap Rate

1.07

DSCR

$2,530

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,530 income − $2,529 expenses = $1 cash flow

Income$2,530Mortgage P&I$1,41356%Property Taxes$1586%Insurance$984%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$1

Investment Breakdown

|

Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,813

Downpayment

20%

$55,060

Closing costs

1%

$2,753

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,530

Total Expenses

$2,529

Mortgage P&I

56%

$1,413

Property Taxes

6%

$158

Home Insurance

4%

$98

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis