REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,021 (target)

515 Nova Ave, High Point, NC 27265

3 beds • 2 baths • 1846 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.19% first-year return on $75,390 initial cash invested.

-11.19%

Cash On Cash

4.08%

Cap Rate

0.67

DSCR

$2,021

Rent

-$703

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,021 income − $2,724 expenses = $703 out of pocket

Income$2,021Out of Pocket$703Mortgage P&I$1,82290%Property Taxes$25112%Insurance$1266%Management$20210%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,021

Total Expenses

$2,724

Mortgage P&I

90%

$1,822

Property Taxes

12%

$251

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis