REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,398 (target)

5247 Looking Glass Trl, Denver, NC 28037

3 beds • 3 baths • 2183 sqft

Email

This property looks like a bad Long-Term investment with a projected -21.78% first-year return on $132k initial cash invested.

-21.78%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$2,398

Rent

-$2,389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,398 income − $4,787 expenses = $2,389 out of pocket

Income$2,398Out of Pocket$2,389Mortgage P&I$3,133131%Property Taxes$29612%Insurance$2229%HOA$51221%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

|

Purchase Price

$627k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$125k

Closing costs

1%

$6,269

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,398

Total Expenses

$4,787

Mortgage P&I

131%

$3,133

Property Taxes

12%

$296

Home Insurance

9%

$222

HOA

21%

$512

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis