REI Lense

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$2,127 (target)

817 Alexander Commons Dr, Monroe, NC 28112

3 beds • 3 baths • 2126 sqft

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This property looks like a bad Long-Term investment with a projected -10.92% first-year return on $78,330 initial cash invested.

-10.92%

Cash On Cash

3.98%

Cap Rate

0.67

DSCR

$2,127

Rent

-$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,127 income − $2,840 expenses = $713 out of pocket

Income$2,127Out of Pocket$713Mortgage P&I$1,84487%Property Taxes$27813%Insurance$1306%HOA$352%Management$21310%CapEx$1065%Vacancy$1286%Maintenance$1065%

Investment Breakdown

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Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,127

Total Expenses

$2,840

Mortgage P&I

87%

$1,844

Property Taxes

13%

$278

Home Insurance

6%

$130

HOA

2%

$35

Property Management

10%

$213

CapEx

5%

$106

Vacancy

6%

$128

Maintenance

5%

$106

Other

0%

$0

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