REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,422 (target)

425 Heritage Farm Rd, Hickory, NC 28601

3 beds • 2 baths • 1439 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $66,279 initial cash invested.

3.39%

Cash On Cash

7.93%

Cap Rate

1.23

DSCR

$2,422

Rent

$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,422 income − $2,235 expenses = $187 cash flow

Income$2,422Mortgage P&I$1,23651%Property Taxes$954%Insurance$803%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26611%Cash Flow$187

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,279

Downpayment

20%

$45,980

Closing costs

1%

$2,299

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,422

Total Expenses

$2,235

Mortgage P&I

51%

$1,236

Property Taxes

4%

$95

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$266

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis