REI Lense

REI Lense

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$2,147 (target)

7008 Brookgreen Ter, Matthews, NC 28104

3 beds • 3 baths • 1591 sqft

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This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $83,055 initial cash invested.

-11.14%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$2,147

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,055

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,147

Total Expenses

$2,918

Mortgage P&I

92%

$1,967

Property Taxes

9%

$196

Home Insurance

7%

$140

HOA

3%

$57

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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