REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,198 (target)

649 Pine St, Forest City, NC 28043

3 beds • 2 baths • 1500 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.66% first-year return on $86,670 initial cash invested.

-6.66%

Cash On Cash

4.58%

Cap Rate

0.76

DSCR

$2,198

Rent

-$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,198 income − $2,679 expenses = $481 out of pocket

Income$2,198Out of Pocket$481Mortgage P&I$1,64075%Property Taxes$1778%Insurance$1145%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,670

Downpayment

20%

$65,400

Closing costs

1%

$3,270

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,198

Total Expenses

$2,679

Mortgage P&I

75%

$1,640

Property Taxes

8%

$177

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis