REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,057 (target)

5936 Whitehawk Hill Rd, Mint Hill, NC 28227

3 beds • 2 baths • 1863 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.22% first-year return on $110k initial cash invested.

-6.22%

Cash On Cash

4.62%

Cap Rate

0.79

DSCR

$3,057

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,540

Closing costs

1%

$4,377

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,057

Total Expenses

$3,627

Mortgage P&I

70%

$2,134

Property Taxes

8%

$247

Home Insurance

5%

$163

HOA

1%

$44

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis