REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,949 (target)

64 Tarheel Landing Dr, Benson, NC 27504

3 beds • 2 baths • 1818 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.05% first-year return on $93,621 initial cash invested.

-3.05%

Cash On Cash

5.7%

Cap Rate

0.93

DSCR

$2,949

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,949 income − $3,187 expenses = $238 out of pocket

Income$2,949Out of Pocket$238Mortgage P&I$1,83062%Property Taxes$1947%Insurance$1405%HOA$211%Management$35412%CapEx$1184%Vacancy$883%Maintenance$1184%Other$32411%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,621

Downpayment

20%

$72,020

Closing costs

1%

$3,601

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,949

Total Expenses

$3,187

Mortgage P&I

62%

$1,830

Property Taxes

7%

$194

Home Insurance

5%

$140

HOA

1%

$21

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$88

Maintenance

4%

$118

Other

11%

$324

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis