REI Lense

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$1,594 (target)

6604 Winthrop Dr, Fayetteville, NC 28311

3 beds • 3 baths • 1834 sqft

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This property looks like a bad Long-Term investment with a projected -1.55% first-year return on $41,895 initial cash invested.

-1.55%

Cash On Cash

6.35%

Cap Rate

1.03

DSCR

$1,594

Rent

-$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,594 income − $1,648 expenses = $54 out of pocket

Income$1,594Out of Pocket$54Mortgage P&I$1,03065%Property Taxes$1338%Insurance$704%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,895

Downpayment

20%

$39,900

Closing costs

1%

$1,995

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,594

Total Expenses

$1,648

Mortgage P&I

65%

$1,030

Property Taxes

8%

$133

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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