REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,389 (target)

417 Garden Ln, Lake Lure, NC 28746

3 beds • 3 baths • 2624 sqft

Email

This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $182k initial cash invested.

-17.29%

Cash On Cash

2.59%

Cap Rate

0.43

DSCR

$3,389

Rent

-$2,629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,389 income − $6,018 expenses = $2,629 out of pocket

Income$3,389Out of Pocket$2,629Mortgage P&I$4,336128%Property Taxes$48714%Insurance$3159%Management$33910%CapEx$1695%Vacancy$2036%Maintenance$1695%

Investment Breakdown

|

Purchase Price

$869k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$174k

Closing costs

1%

$8,689

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,389

Total Expenses

$6,018

Mortgage P&I

128%

$4,336

Property Taxes

14%

$487

Home Insurance

9%

$315

HOA

0%

$0

Property Management

10%

$339

CapEx

5%

$169

Vacancy

6%

$203

Maintenance

5%

$169

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis