REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,570 (target)

5527 Ballentine St, Hope Mills, NC 28348

3 beds • 2 baths • 1504 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $70,080 initial cash invested.

1.03%

Cash On Cash

7.04%

Cap Rate

1.13

DSCR

$2,570

Rent

$60

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,570 income − $2,510 expenses = $60 cash flow

Income$2,570Mortgage P&I$1,29250%Property Taxes$25610%Insurance$883%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28311%Cash Flow$60

Investment Breakdown

|

Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,080

Downpayment

20%

$49,600

Closing costs

1%

$2,480

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,570

Total Expenses

$2,510

Mortgage P&I

50%

$1,292

Property Taxes

10%

$256

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$283

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis