REI Lense

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$2,694 (target)

636 Wood Point Drive, Bunnlevel, NC 28323

3 beds • 2 baths • 1637 sqft

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This property might be a fair Mid-Term investment with a projected 0.61% first-year return on $78,711 initial cash invested.

0.61%

Cash On Cash

6.77%

Cap Rate

1.1

DSCR

$2,694

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,694 income − $2,654 expenses = $40 cash flow

Income$2,694Mortgage P&I$1,48355%Property Taxes$1365%Insurance$1024%HOA$171%Management$32312%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29611%Cash Flow$40

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,711

Downpayment

20%

$57,820

Closing costs

1%

$2,891

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$2,654

Mortgage P&I

55%

$1,483

Property Taxes

5%

$136

Home Insurance

4%

$102

HOA

1%

$17

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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