REI Lense

REI Lense

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$2,184 (target)

4380 Woodsbury Ln, Lincolnton, NC 28092

3 beds • 2 baths • 3035 sqft

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This property looks like a bad Long-Term investment with a projected -14.99% first-year return on $104k initial cash invested.

-14.99%

Cash On Cash

3.06%

Cap Rate

0.51

DSCR

$2,184

Rent

-$1,299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,184 income − $3,483 expenses = $1,299 out of pocket

Income$2,184Out of Pocket$1,299Mortgage P&I$2,452112%Property Taxes$23611%Insurance$22810%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%

Investment Breakdown

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Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$99,040

Closing costs

1%

$4,952

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,184

Total Expenses

$3,483

Mortgage P&I

112%

$2,452

Property Taxes

11%

$236

Home Insurance

10%

$228

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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