REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,023 (target)

63 Opie Frazier Rd, Henderson, NC 27537

3 beds • 3 baths • 3110 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.55% first-year return on $93,600 initial cash invested.

7.55%

Cash On Cash

8.4%

Cap Rate

1.42

DSCR

$4,023

Rent

$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,023 income − $3,434 expenses = $589 cash flow

Income$4,023Mortgage P&I$1,77044%Property Taxes$1694%Insurance$1263%Management$48312%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44311%Cash Flow$589

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,600

Downpayment

20%

$72,000

Closing costs

1%

$3,600

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,023

Total Expenses

$3,434

Mortgage P&I

44%

$1,770

Property Taxes

4%

$169

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$483

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$443

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis