REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,826 (target)

6019 Us Highway 301 S, Hope Mills, NC 28348

3 beds • 3 baths • 2236 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $66,129 initial cash invested.

-9.76%

Cash On Cash

4.33%

Cap Rate

0.72

DSCR

$1,826

Rent

-$538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,826 income − $2,364 expenses = $538 out of pocket

Income$1,826Out of Pocket$538Mortgage P&I$1,58487%Property Taxes$19511%Insurance$1106%Management$18310%CapEx$915%Vacancy$1106%Maintenance$915%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,129

Downpayment

20%

$62,980

Closing costs

1%

$3,149

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,826

Total Expenses

$2,364

Mortgage P&I

87%

$1,584

Property Taxes

11%

$195

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$183

CapEx

5%

$91

Vacancy

6%

$110

Maintenance

5%

$91

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis