REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,220 (target)

6416 Bissette Rd, Wendell, NC 27591

3 beds • 4 baths • 3357 sqft

$1,167,800

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -21.08% first-year return on $245k initial cash invested.

-21.08%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$3,220

Rent

-$4,309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,220 income − $7,529 expenses = $4,309 out of pocket

Income$3,220Out of Pocket$4,309Mortgage P&I$5,811180%Property Taxes$46114%Insurance$42013%Management$32210%CapEx$1615%Vacancy$1936%Maintenance$1615%

Investment Breakdown

|

Purchase Price

$1168k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$245k

Downpayment

20%

$234k

Closing costs

1%

$11,678

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,220

Total Expenses

$7,529

Mortgage P&I

180%

$5,811

Property Taxes

14%

$461

Home Insurance

13%

$420

HOA

0%

$0

Property Management

10%

$322

CapEx

5%

$161

Vacancy

6%

$193

Maintenance

5%

$161

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis