REI Lense

REI Lense

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$3,435 (target)

5496 Northwood Dr, Hickory, NC 28601

3 beds • 3 baths • 3263 sqft

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This property looks like a bad Mid-Term investment with a projected -4.79% first-year return on $117k initial cash invested.

-4.79%

Cash On Cash

5.13%

Cap Rate

0.86

DSCR

$3,435

Rent

-$465

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,860

Closing costs

1%

$4,693

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,435

Total Expenses

$3,900

Mortgage P&I

68%

$2,336

Property Taxes

7%

$233

Home Insurance

5%

$164

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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