REI Lense

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$1,444 (target)

55 Beaman Rd, Marion, NC 28752

3 beds • 2 baths • 1419 sqft

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This property looks like a bad Long-Term investment with a projected -3.87% first-year return on $43,134 initial cash invested.

-3.87%

Cash On Cash

5.67%

Cap Rate

0.94

DSCR

$1,444

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,444 income − $1,583 expenses = $139 out of pocket

Income$1,444Out of Pocket$139Mortgage P&I$1,03872%Property Taxes$604%Insurance$1108%Management$14410%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,134

Downpayment

20%

$41,080

Closing costs

1%

$2,054

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,444

Total Expenses

$1,583

Mortgage P&I

72%

$1,038

Property Taxes

4%

$60

Home Insurance

8%

$110

HOA

0%

$0

Property Management

10%

$144

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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