REI Lense

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$2,132 (target)

452 Brodie Rose Landing Way, Smithfield, NC 27577

3 beds • 3 baths • 1950 sqft

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This property looks like a bad Long-Term investment with a projected -12.43% first-year return on $88,053 initial cash invested.

-12.43%

Cash On Cash

3.72%

Cap Rate

0.62

DSCR

$2,132

Rent

-$912

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,132 income − $3,044 expenses = $912 out of pocket

Income$2,132Out of Pocket$912Mortgage P&I$2,10599%Property Taxes$21210%Insurance$1487%HOA$241%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,053

Downpayment

20%

$83,860

Closing costs

1%

$4,193

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,132

Total Expenses

$3,044

Mortgage P&I

99%

$2,105

Property Taxes

10%

$212

Home Insurance

7%

$148

HOA

1%

$24

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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