REI Lense

REI Lense

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$2,416 (target)

435 W Central Ave, Mount Holly, NC 28120

3 beds • 2 baths • 2276 sqft

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This property looks like a bad Long-Term investment with a projected -10.61% first-year return on $90,741 initial cash invested.

-10.61%

Cash On Cash

4.04%

Cap Rate

0.68

DSCR

$2,416

Rent

-$802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,416 income − $3,218 expenses = $802 out of pocket

Income$2,416Out of Pocket$802Mortgage P&I$2,13488%Property Taxes$27711%Insurance$1787%Management$24210%CapEx$1215%Vacancy$1456%Maintenance$1215%

Investment Breakdown

|

Purchase Price

$432k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,741

Downpayment

20%

$86,420

Closing costs

1%

$4,321

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,416

Total Expenses

$3,218

Mortgage P&I

88%

$2,134

Property Taxes

11%

$277

Home Insurance

7%

$178

HOA

0%

$0

Property Management

10%

$242

CapEx

5%

$121

Vacancy

6%

$145

Maintenance

5%

$121

Other

0%

$0

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