REI Lense

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$3,219 (target)

55 Wittenburg Springs Dr, Taylorsville, NC 28681

3 beds • 2 baths • 2042 sqft

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This property looks like a bad Mid-Term investment with a projected -5.41% first-year return on $112k initial cash invested.

-5.41%

Cash On Cash

5.16%

Cap Rate

0.84

DSCR

$3,219

Rent

-$504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,219 income − $3,723 expenses = $504 out of pocket

Income$3,219Out of Pocket$504Mortgage P&I$2,29471%Property Taxes$1735%Insurance$1615%Management$38612%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35411%

Investment Breakdown

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Purchase Price

$447k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,320

Closing costs

1%

$4,466

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,219

Total Expenses

$3,723

Mortgage P&I

71%

$2,294

Property Taxes

5%

$173

Home Insurance

5%

$161

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$354

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