REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,998 (target)

5139 Butner Dr, Hickory, NC 28602

3 beds • 3 baths • 1913 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $81,690 initial cash invested.

-11.3%

Cash On Cash

4.03%

Cap Rate

0.66

DSCR

$1,998

Rent

-$769

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,998 income − $2,767 expenses = $769 out of pocket

Income$1,998Out of Pocket$769Mortgage P&I$1,97499%Property Taxes$1377%Insurance$1367%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,998

Total Expenses

$2,767

Mortgage P&I

99%

$1,974

Property Taxes

7%

$137

Home Insurance

7%

$136

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis