REI Lense

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$3,214 (target)

62 Robin Ln, Waynesville, NC 28786

3 beds • 2 baths • 1160 sqft

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This property might be a fair Mid-Term investment with a projected 3.32% first-year return on $87,237 initial cash invested.

3.32%

Cash On Cash

7.33%

Cap Rate

1.23

DSCR

$3,214

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,214 income − $2,973 expenses = $241 cash flow

Income$3,214Mortgage P&I$1,64451%Property Taxes$1164%Insurance$1194%Management$38612%CapEx$1294%Vacancy$963%Maintenance$1294%Other$35411%Cash Flow$241

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,237

Downpayment

20%

$65,940

Closing costs

1%

$3,297

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,214

Total Expenses

$2,973

Mortgage P&I

51%

$1,644

Property Taxes

4%

$116

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$386

CapEx

4%

$129

Vacancy

3%

$96

Maintenance

4%

$129

Other

11%

$354

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