REI Lense

REI Lense

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$2,942 (target)

609 Canterbury Rd, Sanford, NC 27330

3 beds • 2 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $82,302 initial cash invested.

0.96%

Cash On Cash

6.74%

Cap Rate

1.12

DSCR

$2,942

Rent

$66

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,302

Downpayment

20%

$61,240

Closing costs

1%

$3,062

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$2,876

Mortgage P&I

52%

$1,536

Property Taxes

8%

$229

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$353

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

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