REI Lense

REI Lense

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$3,105 (target)

5502 Welkin Ct, Durham, NC 27713

3 beds • 2 baths • 1463 sqft

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This property looks like a bad Mid-Term investment with a projected -1.69% first-year return on $94,167 initial cash invested.

-1.69%

Cash On Cash

5.82%

Cap Rate

0.99

DSCR

$3,105

Rent

-$133

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,167

Downpayment

20%

$72,540

Closing costs

1%

$3,627

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,105

Total Expenses

$3,238

Mortgage P&I

57%

$1,768

Property Taxes

9%

$285

Home Insurance

4%

$129

HOA

0%

$0

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

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