REI Lense

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$2,151 (target)

7 Cole Drive, Jacksonville, NC 28540

3 beds • 2 baths • 1041 sqft

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This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $61,848 initial cash invested.

0.16%

Cash On Cash

7.01%

Cap Rate

1.08

DSCR

$2,151

Rent

$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,151 income − $2,143 expenses = $8 cash flow

Income$2,151Mortgage P&I$1,12552%Property Taxes$21210%Insurance$743%Management$25812%CapEx$864%Vacancy$653%Maintenance$864%Other$23711%Cash Flow$8

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,848

Downpayment

20%

$41,760

Closing costs

1%

$2,088

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,151

Total Expenses

$2,143

Mortgage P&I

52%

$1,125

Property Taxes

10%

$212

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$258

CapEx

4%

$86

Vacancy

3%

$65

Maintenance

4%

$86

Other

11%

$237

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