REI Lense

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$1,909 (target)

737 Jasmine St, Wendell, NC 27591

3 beds • 3 baths • 1441 sqft

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This property looks like a bad Long-Term investment with a projected -12.34% first-year return on $69,909 initial cash invested.

-12.34%

Cash On Cash

3.77%

Cap Rate

0.63

DSCR

$1,909

Rent

-$719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,909 income − $2,628 expenses = $719 out of pocket

Income$1,909Out of Pocket$719Mortgage P&I$1,66987%Property Taxes$26814%Insurance$1176%HOA$784%Management$19110%CapEx$955%Vacancy$1156%Maintenance$955%

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,909

Downpayment

20%

$66,580

Closing costs

1%

$3,329

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,909

Total Expenses

$2,628

Mortgage P&I

87%

$1,669

Property Taxes

14%

$268

Home Insurance

6%

$117

HOA

4%

$78

Property Management

10%

$191

CapEx

5%

$95

Vacancy

6%

$115

Maintenance

5%

$95

Other

0%

$0

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