REI Lense

REI Lense

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$3,483 (target)

425 Winesap Blvd, Lake Lure, NC 28746

3 beds • 3 baths • 3149 sqft

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This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $113k initial cash invested.

-10.01%

Cash On Cash

4.14%

Cap Rate

0.71

DSCR

$3,483

Rent

-$939

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$536k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$107k

Closing costs

1%

$5,362

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,483

Total Expenses

$4,422

Mortgage P&I

75%

$2,614

Property Taxes

9%

$297

Home Insurance

6%

$192

HOA

12%

$414

Property Management

10%

$348

CapEx

5%

$174

Vacancy

6%

$209

Maintenance

5%

$174

Other

0%

$0

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