REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

505 Azure Ave, Albemarle, NC 28001

3 beds • 2 baths • 1138 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.14% first-year return on $54,978 initial cash invested.

-8.14%

Cash On Cash

4.56%

Cap Rate

0.77

DSCR

$1,591

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,978

Downpayment

20%

$52,360

Closing costs

1%

$2,618

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,591

Total Expenses

$1,964

Mortgage P&I

81%

$1,288

Property Taxes

11%

$169

Home Insurance

6%

$93

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$95

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis