REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,955 (target)

5226 Rockwood Rd, Charlotte, NC 28216

3 beds • 3 baths • 1538 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.31% first-year return on $94,734 initial cash invested.

-2.31%

Cash On Cash

5.78%

Cap Rate

0.96

DSCR

$2,955

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,955 income − $3,137 expenses = $182 out of pocket

Income$2,955Out of Pocket$182Mortgage P&I$1,82562%Property Taxes$1906%Insurance$1174%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,734

Downpayment

20%

$73,080

Closing costs

1%

$3,654

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,955

Total Expenses

$3,137

Mortgage P&I

62%

$1,825

Property Taxes

6%

$190

Home Insurance

4%

$117

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis