REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,324 (target)

457 Edwards Street Ext, Rutherfordton, NC 28139

3 beds • 2 baths • 1810 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.01% first-year return on $114k initial cash invested.

-8.01%

Cash On Cash

5.01%

Cap Rate

0.75

DSCR

$3,324

Rent

-$762

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,324 income − $4,086 expenses = $762 out of pocket

Income$3,324Out of Pocket$762Mortgage P&I$2,54076%Property Taxes$2528%Insurance$1635%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

|

Purchase Price

$458k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,540

Closing costs

1%

$4,577

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,324

Total Expenses

$4,086

Mortgage P&I

76%

$2,540

Property Taxes

8%

$252

Home Insurance

5%

$163

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis