REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,004 (target)

6524 Mintbrook Dr, Mint Hill, NC 28227

3 beds • 2 baths • 1200 sqft

Email

This property looks like a bad Mid-Term investment with a projected -4.24% first-year return on $99,690 initial cash invested.

-4.24%

Cash On Cash

5.39%

Cap Rate

0.88

DSCR

$3,004

Rent

-$352

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $3,356 expenses = $352 out of pocket

Income$3,004Out of Pocket$352Mortgage P&I$1,98066%Property Taxes$2207%Insurance$1365%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

|

Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$3,356

Mortgage P&I

66%

$1,980

Property Taxes

7%

$220

Home Insurance

5%

$136

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis