REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,582 (target)

601 Quaker Ln, High Point, NC 27262

3 beds • 2 baths • 2016 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.87% first-year return on $65,898 initial cash invested.

-12.87%

Cash On Cash

3.7%

Cap Rate

0.61

DSCR

$1,582

Rent

-$707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,582 income − $2,289 expenses = $707 out of pocket

Income$1,582Out of Pocket$707Mortgage P&I$1,595101%Property Taxes$16911%Insurance$1147%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,898

Downpayment

20%

$62,760

Closing costs

1%

$3,138

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,582

Total Expenses

$2,289

Mortgage P&I

101%

$1,595

Property Taxes

11%

$169

Home Insurance

7%

$114

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis