REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,444 (target)

609 Legrand St, Shelby, NC 28150

3 beds • 3 baths • 1496 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.81% first-year return on $65,250 initial cash invested.

-5.81%

Cash On Cash

4.9%

Cap Rate

0.78

DSCR

$1,444

Rent

-$316

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,444 income − $1,760 expenses = $316 out of pocket

Income$1,444Out of Pocket$316Mortgage P&I$1,17681%Property Taxes$141%Insurance$795%Management$17312%CapEx$584%Vacancy$433%Maintenance$584%Other$15911%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,444

Total Expenses

$1,760

Mortgage P&I

81%

$1,176

Property Taxes

1%

$14

Home Insurance

5%

$79

HOA

0%

$0

Property Management

12%

$173

CapEx

4%

$58

Vacancy

3%

$43

Maintenance

4%

$58

Other

11%

$159

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis