REI Lense

REI Lense

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$2,120 (target)

6917 Dunton St, Huntersville, NC 28078

3 beds • 3 baths • 1554 sqft

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This property looks like a bad Long-Term investment with a projected -11.13% first-year return on $76,020 initial cash invested.

-11.13%

Cash On Cash

4.08%

Cap Rate

0.67

DSCR

$2,120

Rent

-$705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,120 income − $2,825 expenses = $705 out of pocket

Income$2,120Out of Pocket$705Mortgage P&I$1,83086%Property Taxes$23211%Insurance$1356%HOA$774%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,020

Downpayment

20%

$72,400

Closing costs

1%

$3,620

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$2,825

Mortgage P&I

86%

$1,830

Property Taxes

11%

$232

Home Insurance

6%

$135

HOA

4%

$77

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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