REI Lense

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$1,907 (target)

510 Neuchatel Road, New Bern, NC 28562

3 beds • 2 baths • 2066 sqft

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This property looks like a bad Long-Term investment with a projected -15.39% first-year return on $86,226 initial cash invested.

-15.39%

Cash On Cash

3.21%

Cap Rate

0.52

DSCR

$1,907

Rent

-$1,106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,907 income − $3,013 expenses = $1,106 out of pocket

Income$1,907Out of Pocket$1,106Mortgage P&I$2,108111%Property Taxes$23512%Insurance$1478%HOA$281%Management$19110%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,226

Downpayment

20%

$82,120

Closing costs

1%

$4,106

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,907

Total Expenses

$3,013

Mortgage P&I

111%

$2,108

Property Taxes

12%

$235

Home Insurance

8%

$147

HOA

1%

$28

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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