REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,452 (target)

4368 Mackenzie Ct SW, Concord, NC 28027

3 beds • 3 baths • 2426 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.25% first-year return on $90,132 initial cash invested.

-11.25%

Cash On Cash

3.98%

Cap Rate

0.66

DSCR

$2,452

Rent

-$845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,452 income − $3,297 expenses = $845 out of pocket

Income$2,452Out of Pocket$845Mortgage P&I$2,14788%Property Taxes$26911%Insurance$1868%HOA$572%Management$24510%CapEx$1235%Vacancy$1476%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,132

Downpayment

20%

$85,840

Closing costs

1%

$4,292

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,452

Total Expenses

$3,297

Mortgage P&I

88%

$2,147

Property Taxes

11%

$269

Home Insurance

8%

$186

HOA

2%

$57

Property Management

10%

$245

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis