REI Lense

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$2,880 (target)

702 Buster Court, Jacksonville, NC 28540

3 beds • 2 baths • 1191 sqft

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This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $73,923 initial cash invested.

4.69%

Cash On Cash

7.98%

Cap Rate

1.3

DSCR

$2,880

Rent

$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,880 income − $2,591 expenses = $289 cash flow

Income$2,880Mortgage P&I$1,36747%Property Taxes$1465%Insurance$933%HOA$6Management$34612%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$289

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,923

Downpayment

20%

$53,260

Closing costs

1%

$2,663

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,880

Total Expenses

$2,591

Mortgage P&I

47%

$1,367

Property Taxes

5%

$146

Home Insurance

3%

$93

HOA

0%

$6

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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