REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,474 (target)

443 Smith St, Albemarle, NC 28001

3 beds • 2 baths • 1276 sqft

Email

This property might be a fair Long-Term investment with a projected 1.75% first-year return on $33,600 initial cash invested.

1.75%

Cash On Cash

7.45%

Cap Rate

1.14

DSCR

$1,474

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,474 income − $1,425 expenses = $49 cash flow

Income$1,474Mortgage P&I$87059%Property Taxes$1168%Insurance$564%Management$14710%CapEx$745%Vacancy$886%Maintenance$745%Cash Flow$49

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,600

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,474

Total Expenses

$1,425

Mortgage P&I

59%

$870

Property Taxes

8%

$116

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$74

Vacancy

6%

$88

Maintenance

5%

$74

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis