REI Lense

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$1,838 (target)

600 Chandler St, Winston Salem, NC 27101

3 beds • 2 baths • 975 sqft

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This property might be a fair Mid-Term investment with a projected 2.29% first-year return on $57,165 initial cash invested.

2.29%

Cash On Cash

7.44%

Cap Rate

1.19

DSCR

$1,838

Rent

$109

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,838 income − $1,729 expenses = $109 cash flow

Income$1,838Mortgage P&I$97353%Property Taxes$654%Insurance$654%Management$22112%CapEx$744%Vacancy$553%Maintenance$744%Other$20211%Cash Flow$109

Investment Breakdown

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Purchase Price

$187k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,165

Downpayment

20%

$37,300

Closing costs

1%

$1,865

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,838

Total Expenses

$1,729

Mortgage P&I

53%

$973

Property Taxes

4%

$65

Home Insurance

4%

$65

HOA

0%

$0

Property Management

12%

$221

CapEx

4%

$74

Vacancy

3%

$55

Maintenance

4%

$74

Other

11%

$202

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