REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,022 (target)

514 Belwood Dr, Belmont, NC 28012

3 beds • 3 baths • 2834 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.59% first-year return on $172k initial cash invested.

-6.59%

Cash On Cash

4.76%

Cap Rate

0.8

DSCR

$5,022

Rent

-$945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,022 income − $5,967 expenses = $945 out of pocket

Income$5,022Out of Pocket$945Mortgage P&I$3,65473%Property Taxes$3377%Insurance$2685%Management$60312%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%

Investment Breakdown

|

Purchase Price

$734k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,336

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,022

Total Expenses

$5,967

Mortgage P&I

73%

$3,654

Property Taxes

7%

$337

Home Insurance

5%

$268

HOA

0%

$0

Property Management

12%

$603

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis