REI Lense

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$2,220 (target)

536 N Kennelman Cir, Wendell, NC 27591

3 beds • 3 baths • 2462 sqft

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This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $80,178 initial cash invested.

-10.48%

Cash On Cash

4.19%

Cap Rate

0.69

DSCR

$2,220

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,220 income − $2,920 expenses = $700 out of pocket

Income$2,220Out of Pocket$700Mortgage P&I$1,92187%Property Taxes$26012%Insurance$1296%HOA$331%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,178

Downpayment

20%

$76,360

Closing costs

1%

$3,818

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$2,920

Mortgage P&I

87%

$1,921

Property Taxes

12%

$260

Home Insurance

6%

$129

HOA

1%

$33

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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