REI Lense

REI Lense

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$2,522 (target)

432 State Highway 150, Greensboro, NC 27455

3 beds • 2 baths • 1185 sqft

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This property looks like a bad Mid-Term investment with a projected -1.57% first-year return on $81,777 initial cash invested.

-1.57%

Cash On Cash

5.94%

Cap Rate

1

DSCR

$2,522

Rent

-$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$304k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,777

Downpayment

20%

$60,740

Closing costs

1%

$3,037

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,522

Total Expenses

$2,629

Mortgage P&I

60%

$1,510

Property Taxes

6%

$153

Home Insurance

4%

$108

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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