REI Lense

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$2,067 (target)

470 Lakeview Shores Loop, Mooresville, NC 28117

3 beds • 2 baths • 1360 sqft

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This property looks like a bad Long-Term investment with a projected -22.96% first-year return on $192k initial cash invested.

-22.96%

Cash On Cash

1.26%

Cap Rate

0.21

DSCR

$2,067

Rent

-$3,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,067 income − $5,747 expenses = $3,680 out of pocket

Income$2,067Out of Pocket$3,680Mortgage P&I$4,542220%Property Taxes$33616%Insurance$33216%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$916k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$192k

Downpayment

20%

$183k

Closing costs

1%

$9,157

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,067

Total Expenses

$5,747

Mortgage P&I

220%

$4,542

Property Taxes

16%

$336

Home Insurance

16%

$332

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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