REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

5343 Cannon Dr, Granite Falls, NC 28630

3 beds • 3 baths • 2307 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $63,000 initial cash invested.

-9.37%

Cash On Cash

4.13%

Cap Rate

0.71

DSCR

$1,565

Rent

-$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,565

Total Expenses

$2,057

Mortgage P&I

92%

$1,446

Property Taxes

6%

$100

Home Insurance

7%

$105

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis