REI Lense

REI Lense

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$1,434 (target)

7 Cole Drive, Jacksonville, NC 28540

3 beds • 2 baths • 1041 sqft

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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $43,848 initial cash invested.

-9.58%

Cash On Cash

4.87%

Cap Rate

0.75

DSCR

$1,434

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,434 income − $1,784 expenses = $350 out of pocket

Income$1,434Out of Pocket$350Mortgage P&I$1,12578%Property Taxes$21215%Insurance$745%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,848

Downpayment

20%

$41,760

Closing costs

1%

$2,088

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,434

Total Expenses

$1,784

Mortgage P&I

78%

$1,125

Property Taxes

15%

$212

Home Insurance

5%

$74

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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