REI Lense

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$2,961 (target)

811 Gordon Woods Road, Wilmington, NC 28411

3 beds • 2 baths • 1109 sqft

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This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $89,841 initial cash invested.

0.28%

Cash On Cash

6.51%

Cap Rate

1.08

DSCR

$2,961

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,841

Downpayment

20%

$68,420

Closing costs

1%

$3,421

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,961

Total Expenses

$2,940

Mortgage P&I

58%

$1,716

Property Taxes

3%

$96

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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