REI Lense

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$1,746 (target)

7141 Hodge Rd, Wendell, NC 27591

3 beds • 2 baths • 1118 sqft

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This property looks like a bad Long-Term investment with a projected -8.39% first-year return on $62,916 initial cash invested.

-8.39%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$1,746

Rent

-$440

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,746 income − $2,186 expenses = $440 out of pocket

Income$1,746Out of Pocket$440Mortgage P&I$1,49085%Property Taxes$1358%Insurance$1076%Management$17510%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,916

Downpayment

20%

$59,920

Closing costs

1%

$2,996

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,746

Total Expenses

$2,186

Mortgage P&I

85%

$1,490

Property Taxes

8%

$135

Home Insurance

6%

$107

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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