REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,842 (target)

619 Leisure Ln, Burnsville, NC 28714

3 beds • 3 baths • 1964 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.23% first-year return on $117k initial cash invested.

-8.23%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$2,842

Rent

-$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,842 income − $3,641 expenses = $799 out of pocket

Income$2,842Out of Pocket$799Mortgage P&I$2,33982%Property Taxes$1425%Insurance$1726%HOA$211%Management$34112%CapEx$1144%Vacancy$853%Maintenance$1144%Other$31311%

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,820

Closing costs

1%

$4,691

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,842

Total Expenses

$3,641

Mortgage P&I

82%

$2,339

Property Taxes

5%

$142

Home Insurance

6%

$172

HOA

1%

$21

Property Management

12%

$341

CapEx

4%

$114

Vacancy

3%

$85

Maintenance

4%

$114

Other

11%

$313

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis