REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,437 (target)

5705 Foxcrest Dr, Mint Hill, NC 28227

3 beds • 2 baths • 2220 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $96,936 initial cash invested.

-11.53%

Cash On Cash

3.9%

Cap Rate

0.65

DSCR

$2,437

Rent

-$931

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$462k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,936

Downpayment

20%

$92,320

Closing costs

1%

$4,616

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,437

Total Expenses

$3,368

Mortgage P&I

95%

$2,310

Property Taxes

10%

$240

Home Insurance

8%

$184

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis