REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,656 (target)

812 Mill St, Albemarle, NC 28001

3 beds • 2 baths • 1472 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.57% first-year return on $45,318 initial cash invested.

-3.57%

Cash On Cash

6.12%

Cap Rate

0.95

DSCR

$1,656

Rent

-$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,656 income − $1,791 expenses = $135 out of pocket

Income$1,656Out of Pocket$135Mortgage P&I$1,15270%Property Taxes$1308%Insurance$785%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%

Investment Breakdown

|

Purchase Price

$216k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,318

Downpayment

20%

$43,160

Closing costs

1%

$2,158

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,656

Total Expenses

$1,791

Mortgage P&I

70%

$1,152

Property Taxes

8%

$130

Home Insurance

5%

$78

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis