REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

604 Eddleman Rd, Kannapolis, NC 28083

3 beds • 2 baths • 1249 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.6% first-year return on $65,583 initial cash invested.

-11.6%

Cash On Cash

3.77%

Cap Rate

0.64

DSCR

$1,720

Rent

-$634

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,583

Downpayment

20%

$62,460

Closing costs

1%

$3,123

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,720

Total Expenses

$2,354

Mortgage P&I

89%

$1,528

Property Taxes

16%

$269

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$172

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis