REI Lense

REI Lense

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$1,457 (target)

628 Sedgefield St SW, Concord, NC 28025

3 beds • 3 baths • 1459 sqft

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This property looks like a bad Long-Term investment with a projected -17.51% first-year return on $73,479 initial cash invested.

-17.51%

Cash On Cash

2.73%

Cap Rate

0.44

DSCR

$1,457

Rent

-$1,072

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,457 income − $2,529 expenses = $1,072 out of pocket

Income$1,457Out of Pocket$1,072Mortgage P&I$1,794123%Property Taxes$23416%Insurance$1228%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,457

Total Expenses

$2,529

Mortgage P&I

123%

$1,794

Property Taxes

16%

$234

Home Insurance

8%

$122

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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