REI Lense

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$2,126 (target)

5 Summer Savory Ct, Flat Rock, NC 28731

3 beds • 3 baths • 1853 sqft

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This property looks like a bad Long-Term investment with a projected -13.78% first-year return on $94,395 initial cash invested.

-13.78%

Cash On Cash

3.59%

Cap Rate

0.58

DSCR

$2,126

Rent

-$1,084

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,126 income − $3,210 expenses = $1,084 out of pocket

Income$2,126Out of Pocket$1,084Mortgage P&I$2,323109%Property Taxes$1386%Insurance$1577%HOA$392%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,395

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,126

Total Expenses

$3,210

Mortgage P&I

109%

$2,323

Property Taxes

6%

$138

Home Insurance

7%

$157

HOA

2%

$39

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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