REI Lense

REI Lense

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$2,295 (target)

7549 Sunnyvale Dr, High Point, NC 27265

3 beds • 3 baths • 2623 sqft

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This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $95,382 initial cash invested.

-12.67%

Cash On Cash

4.01%

Cap Rate

0.63

DSCR

$2,295

Rent

-$1,007

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,295 income − $3,302 expenses = $1,007 out of pocket

Income$2,295Out of Pocket$1,007Mortgage P&I$2,409105%Property Taxes$1326%Insurance$1637%Management$23010%CapEx$1155%Vacancy$1386%Maintenance$1155%

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,382

Downpayment

20%

$90,840

Closing costs

1%

$4,542

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,295

Total Expenses

$3,302

Mortgage P&I

105%

$2,409

Property Taxes

6%

$132

Home Insurance

7%

$163

HOA

0%

$0

Property Management

10%

$230

CapEx

5%

$115

Vacancy

6%

$138

Maintenance

5%

$115

Other

0%

$0

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