REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,670 (target)

504 Simbury Glen Ct, Cary, NC 27519

3 beds • 3 baths • 3122 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.72% first-year return on $183k initial cash invested.

-11.72%

Cash On Cash

3.6%

Cap Rate

0.6

DSCR

$4,670

Rent

-$1,788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,670 income − $6,458 expenses = $1,788 out of pocket

Income$4,670Out of Pocket$1,788Mortgage P&I$3,96285%Property Taxes$56212%Insurance$2896%HOA$571%Management$56012%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51411%

Investment Breakdown

|

Purchase Price

$786k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$157k

Closing costs

1%

$7,860

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,670

Total Expenses

$6,458

Mortgage P&I

85%

$3,962

Property Taxes

12%

$562

Home Insurance

6%

$289

HOA

1%

$57

Property Management

12%

$560

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$514

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis