REI Lense

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$2,202 (target)

5303 Rogers Rd, Monroe, NC 28110

3 beds • 3 baths • 2908 sqft

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This property looks like a bad Mid-Term investment with a projected -17.1% first-year return on $146k initial cash invested.

-17.1%

Cash On Cash

1.99%

Cap Rate

0.34

DSCR

$2,202

Rent

-$2,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,202 income − $4,284 expenses = $2,082 out of pocket

Income$2,202Out of Pocket$2,082Mortgage P&I$3,004136%Property Taxes$31814%Insurance$21410%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%

Investment Breakdown

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Purchase Price

$610k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,100

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,202

Total Expenses

$4,284

Mortgage P&I

136%

$3,004

Property Taxes

14%

$318

Home Insurance

10%

$214

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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