REI Lense

REI Lense

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$1,073 (target)

60 Family Branch Dr, Franklin, NC 28734

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -15.12% first-year return on $50,232 initial cash invested.

-15.12%

Cash On Cash

3.48%

Cap Rate

0.55

DSCR

$1,073

Rent

-$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,073 income − $1,706 expenses = $633 out of pocket

Income$1,073Out of Pocket$633Mortgage P&I$1,273119%Property Taxes$676%Insurance$878%Management$10710%CapEx$545%Vacancy$646%Maintenance$545%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,232

Downpayment

20%

$47,840

Closing costs

1%

$2,392

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,073

Total Expenses

$1,706

Mortgage P&I

119%

$1,273

Property Taxes

6%

$67

Home Insurance

8%

$87

HOA

0%

$0

Property Management

10%

$107

CapEx

5%

$54

Vacancy

6%

$64

Maintenance

5%

$54

Other

0%

$0

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