REI Lense

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$1,766 (target)

488 John Swofford Rd, Nebo, NC 28761

3 beds • 2 baths • 1054 sqft

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This property might be a fair Long-Term investment with a projected 4.33% first-year return on $41,328 initial cash invested.

4.33%

Cash On Cash

7.85%

Cap Rate

1.23

DSCR

$1,766

Rent

$149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,766 income − $1,617 expenses = $149 cash flow

Income$1,766Mortgage P&I$1,05160%Property Taxes$372%Insurance$704%Management$17710%CapEx$885%Vacancy$1066%Maintenance$885%Cash Flow$149

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,328

Downpayment

20%

$39,360

Closing costs

1%

$1,968

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,766

Total Expenses

$1,617

Mortgage P&I

60%

$1,051

Property Taxes

2%

$37

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$177

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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