REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,014 (target)

4815 Mount Olive Church Rd, Morganton, NC 28655

3 beds • 2 baths • 1950 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.57% first-year return on $104k initial cash invested.

-11.57%

Cash On Cash

3.45%

Cap Rate

0.56

DSCR

$2,014

Rent

-$1,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,014 income − $3,017 expenses = $1,003 out of pocket

Income$2,014Out of Pocket$1,003Mortgage P&I$2,100104%Property Taxes$844%Insurance$1477%Management$24212%CapEx$814%Vacancy$603%Maintenance$814%Other$22211%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,014

Total Expenses

$3,017

Mortgage P&I

104%

$2,100

Property Taxes

4%

$84

Home Insurance

7%

$147

HOA

0%

$0

Property Management

12%

$242

CapEx

4%

$81

Vacancy

3%

$60

Maintenance

4%

$81

Other

11%

$222

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis