REI Lense

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$1,915 (target)

531 Ballard Pruitt Rd, Franklinton, NC 27525

3 beds • 3 baths • 1524 sqft

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This property could be a profitable Long-Term investment with a projected 15.55% first-year return on $33,579 initial cash invested.

15.55%

Cash On Cash

10.42%

Cap Rate

1.62

DSCR

$1,915

Rent

$435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,915 income − $1,480 expenses = $435 cash flow

Income$1,915Mortgage P&I$85745%Property Taxes$684%Insurance$563%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%Cash Flow$435

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,915

Total Expenses

$1,480

Mortgage P&I

45%

$857

Property Taxes

4%

$68

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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