REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

515 Smokehouse Ln #73, Albemarle, NC 28001

3 beds • 2 baths • 1678 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.65% first-year return on $62,391 initial cash invested.

-4.65%

Cash On Cash

5.19%

Cap Rate

0.9

DSCR

$1,945

Rent

-$242

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,391

Downpayment

20%

$59,420

Closing costs

1%

$2,971

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,945

Total Expenses

$2,187

Mortgage P&I

74%

$1,430

Property Taxes

7%

$130

Home Insurance

5%

$105

HOA

1%

$17

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$117

Maintenance

5%

$97

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis