REI Lense

REI Lense

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$2,197 (target)

8 Worley Ridge Trl, Candler, NC 28715

3 beds • 2 baths • 1333 sqft

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This property looks like a bad Long-Term investment with a projected -7.55% first-year return on $76,314 initial cash invested.

-7.55%

Cash On Cash

4.88%

Cap Rate

0.8

DSCR

$2,197

Rent

-$480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,197 income − $2,677 expenses = $480 out of pocket

Income$2,197Out of Pocket$480Mortgage P&I$1,84984%Property Taxes$1256%Insurance$1316%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,314

Downpayment

20%

$72,680

Closing costs

1%

$3,634

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,197

Total Expenses

$2,677

Mortgage P&I

84%

$1,849

Property Taxes

6%

$125

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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