REI Lense

REI Lense

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$3,109 (target)

724 Big Indian Loop, Mooresville, NC 28117

3 beds • 2 baths • 2088 sqft

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This property looks like a bad Long-Term investment with a projected -16.87% first-year return on $173k initial cash invested.

-16.87%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$3,109

Rent

-$2,435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$825k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$165k

Closing costs

1%

$8,247

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,109

Total Expenses

$5,544

Mortgage P&I

133%

$4,144

Property Taxes

9%

$294

Home Insurance

10%

$298

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$187

Maintenance

5%

$155

Other

0%

$0

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