REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,910 (target)

566 Nathan McDaniel Dr, Nebo, NC 28761

3 beds • 3 baths • 1860 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.44% first-year return on $140k initial cash invested.

-8.44%

Cash On Cash

4.7%

Cap Rate

0.73

DSCR

$3,910

Rent

-$985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,910 income − $4,895 expenses = $985 out of pocket

Income$3,910Out of Pocket$985Mortgage P&I$3,10579%Property Taxes$1965%Insurance$2105%HOA$561%Management$46912%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$43011%

Investment Breakdown

|

Purchase Price

$581k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,812

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,910

Total Expenses

$4,895

Mortgage P&I

79%

$3,105

Property Taxes

5%

$196

Home Insurance

5%

$210

HOA

1%

$56

Property Management

12%

$469

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$430

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis