REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,255 (target)

8016 Hedrick Cir, Huntersville, NC 28078

3 beds • 3 baths • 1525 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.8% first-year return on $75,957 initial cash invested.

-8.8%

Cash On Cash

4.61%

Cap Rate

0.76

DSCR

$2,255

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,255 income − $2,812 expenses = $557 out of pocket

Income$2,255Out of Pocket$557Mortgage P&I$1,83581%Property Taxes$24111%Insurance$1497%Management$22610%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

|

Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,957

Downpayment

20%

$72,340

Closing costs

1%

$3,617

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,255

Total Expenses

$2,812

Mortgage P&I

81%

$1,835

Property Taxes

11%

$241

Home Insurance

7%

$149

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis