REI Lense

REI Lense

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$3,192 (target)

6144 Silver Chime Way, Huntersville, NC 28078

3 beds • 2 baths • 1570 sqft

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This property looks like a bad Mid-Term investment with a projected -3.17% first-year return on $101k initial cash invested.

-3.17%

Cash On Cash

5.46%

Cap Rate

0.93

DSCR

$3,192

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,840

Closing costs

1%

$3,942

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,192

Total Expenses

$3,458

Mortgage P&I

60%

$1,930

Property Taxes

8%

$243

Home Insurance

4%

$140

HOA

2%

$59

Property Management

12%

$383

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$351

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