REI Lense

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$4,722 (target)

5400 Berrywood Ln, Monroe, NC 28110

3 beds • 3 baths • 2736 sqft

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This property looks like a bad Mid-Term investment with a projected -1.19% first-year return on $137k initial cash invested.

-1.19%

Cash On Cash

6.09%

Cap Rate

1.02

DSCR

$4,722

Rent

-$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,722 income − $4,858 expenses = $136 out of pocket

Income$4,722Out of Pocket$136Mortgage P&I$2,82960%Property Taxes$2395%Insurance$1844%Management$56712%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$51911%

Investment Breakdown

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Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,682

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,722

Total Expenses

$4,858

Mortgage P&I

60%

$2,829

Property Taxes

5%

$239

Home Insurance

4%

$184

HOA

0%

$0

Property Management

12%

$567

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$519

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