REI Lense

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$1,401 (target)

5111 Hawthorne Ln, Shelby, NC 28152

3 beds • 2 baths • 1430 sqft

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This property looks like a bad Long-Term investment with a projected -7.09% first-year return on $47,250 initial cash invested.

-7.09%

Cash On Cash

5.14%

Cap Rate

0.82

DSCR

$1,401

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,401 income − $1,680 expenses = $279 out of pocket

Income$1,401Out of Pocket$279Mortgage P&I$1,17284%Property Taxes$655%Insurance$796%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,401

Total Expenses

$1,680

Mortgage P&I

84%

$1,172

Property Taxes

5%

$65

Home Insurance

6%

$79

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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