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5613 Rocky Falls Lane, Lenoir, NC 28645

3 beds • 3 baths • 3616 sqft

$1,135,700

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This property looks like a bad Long-Term investment with a projected -22.3% first-year return on $238k initial cash invested.

-22.3%

Cash On Cash

1.3%

Cap Rate

0.22

DSCR

$2,809

Rent

-$4,433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1136k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$238k

Downpayment

20%

$227k

Closing costs

1%

$11,357

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,809

Total Expenses

$7,242

Mortgage P&I

197%

$5,521

Property Taxes

11%

$320

Home Insurance

15%

$418

HOA

9%

$253

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$169

Maintenance

5%

$140

Other

0%

$0

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