REI Lense

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$3,036 (target)

701 Pine Valley Drive, Wilmington, NC 28412

3 beds • 3 baths • 3010 sqft

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This property looks like a bad Long-Term investment with a projected -18.61% first-year return on $203k initial cash invested.

-18.61%

Cash On Cash

2.25%

Cap Rate

0.38

DSCR

$3,036

Rent

-$3,143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,036 income − $6,179 expenses = $3,143 out of pocket

Income$3,036Out of Pocket$3,143Mortgage P&I$4,804158%Property Taxes$2478%Insurance$33811%Management$30410%CapEx$1525%Vacancy$1826%Maintenance$1525%

Investment Breakdown

|

Purchase Price

$965k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$203k

Downpayment

20%

$193k

Closing costs

1%

$9,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,036

Total Expenses

$6,179

Mortgage P&I

158%

$4,804

Property Taxes

8%

$247

Home Insurance

11%

$338

HOA

0%

$0

Property Management

10%

$304

CapEx

5%

$152

Vacancy

6%

$182

Maintenance

5%

$152

Other

0%

$0

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