REI Lense

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$2,524 (target)

4160 Broadstairs Dr SW, Concord, NC 28025

3 beds • 2 baths • 1150 sqft

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This property looks like a bad Mid-Term investment with a projected -0.49% first-year return on $75,162 initial cash invested.

-0.49%

Cash On Cash

6.29%

Cap Rate

1.05

DSCR

$2,524

Rent

-$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $2,555 expenses = $31 out of pocket

Income$2,524Out of Pocket$31Mortgage P&I$1,35754%Property Taxes$2229%Insurance$964%HOA$211%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%

Investment Breakdown

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Purchase Price

$272k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,162

Downpayment

20%

$54,440

Closing costs

1%

$2,722

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,524

Total Expenses

$2,555

Mortgage P&I

54%

$1,357

Property Taxes

9%

$222

Home Insurance

4%

$96

HOA

1%

$21

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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