REI Lense

REI Lense

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$1,688 (target)

72 Hood Rd, Lumberton, NC 28358

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -3.53% first-year return on $45,528 initial cash invested.

-3.53%

Cash On Cash

6.35%

Cap Rate

0.96

DSCR

$1,688

Rent

-$134

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $1,822 expenses = $134 out of pocket

Income$1,688Out of Pocket$134Mortgage P&I$1,19871%Property Taxes$1127%Insurance$744%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

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Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,528

Downpayment

20%

$43,360

Closing costs

1%

$2,168

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,688

Total Expenses

$1,822

Mortgage P&I

71%

$1,198

Property Taxes

7%

$112

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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