REI Lense

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$2,758 (target)

567 Timberknoll Ln, Wake Forest, NC 27587

3 beds • 3 baths • 2271 sqft

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This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $108k initial cash invested.

-13.49%

Cash On Cash

4.08%

Cap Rate

0.62

DSCR

$2,758

Rent

-$1,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,758 income − $3,970 expenses = $1,212 out of pocket

Income$2,758Out of Pocket$1,212Mortgage P&I$2,819102%Property Taxes$2509%Insurance$1847%Management$27610%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

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Purchase Price

$513k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,133

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,758

Total Expenses

$3,970

Mortgage P&I

102%

$2,819

Property Taxes

9%

$250

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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