REI Lense

REI Lense

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$2,277 (target)

437 Spring Flowers Dr, Cameron, NC 28326

3 beds • 3 baths • 2858 sqft

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This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $82,194 initial cash invested.

-9.99%

Cash On Cash

4.39%

Cap Rate

0.72

DSCR

$2,277

Rent

-$684

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,277 income − $2,961 expenses = $684 out of pocket

Income$2,277Out of Pocket$684Mortgage P&I$2,00288%Property Taxes$2039%Insurance$1386%HOA$251%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,194

Downpayment

20%

$78,280

Closing costs

1%

$3,914

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,277

Total Expenses

$2,961

Mortgage P&I

88%

$2,002

Property Taxes

9%

$203

Home Insurance

6%

$138

HOA

1%

$25

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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