REI Lense

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$3,429 (target)

504 Kingswood Dr, Cary, NC 27513

3 beds • 3 baths • 2362 sqft

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This property looks like a bad Mid-Term investment with a projected -12.2% first-year return on $150k initial cash invested.

-12.2%

Cash On Cash

3.39%

Cap Rate

0.56

DSCR

$3,429

Rent

-$1,528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,429 income − $4,957 expenses = $1,528 out of pocket

Income$3,429Out of Pocket$1,528Mortgage P&I$3,17092%Property Taxes$39411%Insurance$2287%Management$41112%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37711%

Investment Breakdown

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Purchase Price

$630k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$126k

Closing costs

1%

$6,302

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,429

Total Expenses

$4,957

Mortgage P&I

92%

$3,170

Property Taxes

11%

$394

Home Insurance

7%

$228

HOA

0%

$0

Property Management

12%

$411

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$377

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