REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,013 (target)

7626 Winterset Dr, Charlotte, NC 28270

3 beds • 2 baths • 1264 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $80,934 initial cash invested.

-11.56%

Cash On Cash

3.82%

Cap Rate

0.64

DSCR

$2,013

Rent

-$780

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,013 income − $2,793 expenses = $780 out of pocket

Income$2,013Out of Pocket$780Mortgage P&I$1,90795%Property Taxes$22611%Insurance$1367%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,934

Downpayment

20%

$77,080

Closing costs

1%

$3,854

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,013

Total Expenses

$2,793

Mortgage P&I

95%

$1,907

Property Taxes

11%

$226

Home Insurance

7%

$136

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis