REI Lense

REI Lense

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$2,711 (target)

4914 Spring Green, New Bern, NC 28562

3 beds • 3 baths • 3000 sqft

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This property looks like a bad Long-Term investment with a projected -32% first-year return on $141k initial cash invested.

-32%

Cash On Cash

-0.63%

Cap Rate

-0.11

DSCR

$2,711

Rent

-$3,766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$672k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$134k

Closing costs

1%

$6,724

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,711

Total Expenses

$6,477

Mortgage P&I

121%

$3,276

Property Taxes

14%

$381

Home Insurance

9%

$242

HOA

69%

$1,872

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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