REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,441 (target)

450 Jefferson Road, Boone, NC 28607

3 beds • 2 baths • 1533 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.39% first-year return on $83,790 initial cash invested.

-6.39%

Cash On Cash

5.05%

Cap Rate

0.84

DSCR

$2,441

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,441 income − $2,887 expenses = $446 out of pocket

Income$2,441Out of Pocket$446Mortgage P&I$2,00382%Property Taxes$1105%Insurance$1406%Management$24410%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,790

Downpayment

20%

$79,800

Closing costs

1%

$3,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,441

Total Expenses

$2,887

Mortgage P&I

82%

$2,003

Property Taxes

5%

$110

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis