REI Lense

REI Lense

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$3,334 (target)

5039 Abbington Way, Belmont, NC 28012

3 beds • 2 baths • 1828 sqft

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This property looks like a bad Mid-Term investment with a projected -4.02% first-year return on $109k initial cash invested.

-4.02%

Cash On Cash

5.33%

Cap Rate

0.89

DSCR

$3,334

Rent

-$365

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,560

Closing costs

1%

$4,328

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,334

Total Expenses

$3,699

Mortgage P&I

65%

$2,154

Property Taxes

7%

$233

Home Insurance

5%

$154

HOA

1%

$25

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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