REI Lense

REI Lense

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$1,902 (target)

545 W Banner Ave, Winston Salem, NC 27127

3 beds • 2 baths • 1786 sqft

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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $80,241 initial cash invested.

-14.58%

Cash On Cash

3.25%

Cap Rate

0.54

DSCR

$1,902

Rent

-$975

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,902 income − $2,877 expenses = $975 out of pocket

Income$1,902Out of Pocket$975Mortgage P&I$1,916101%Property Taxes$32717%Insurance$1407%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,241

Downpayment

20%

$76,420

Closing costs

1%

$3,821

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,902

Total Expenses

$2,877

Mortgage P&I

101%

$1,916

Property Taxes

17%

$327

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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