REI Lense

REI Lense

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$1,553 (target)

429 Pryor St, Gastonia, NC 28052

3 beds • 2 baths • 1038 sqft

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This property looks like a bad Long-Term investment with a projected -3.95% first-year return on $41,958 initial cash invested.

-3.95%

Cash On Cash

6.1%

Cap Rate

0.94

DSCR

$1,553

Rent

-$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,553 income − $1,691 expenses = $138 out of pocket

Income$1,553Out of Pocket$138Mortgage P&I$1,07569%Property Taxes$1409%Insurance$725%Management$15510%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,958

Downpayment

20%

$39,960

Closing costs

1%

$1,998

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,553

Total Expenses

$1,691

Mortgage P&I

69%

$1,075

Property Taxes

9%

$140

Home Insurance

5%

$72

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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