REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,635 (target)

828 Ferry Rd, Forest City, NC 28043

3 beds • 2 baths • 2046 sqft

Email

This property looks like a bad Mid-Term investment with a projected -13.29% first-year return on $93,579 initial cash invested.

-13.29%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$1,635

Rent

-$1,036

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,635 income − $2,671 expenses = $1,036 out of pocket

Income$1,635Out of Pocket$1,036Mortgage P&I$1,795110%Property Taxes$19512%Insurance$1268%Management$19612%CapEx$654%Vacancy$493%Maintenance$654%Other$18011%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,635

Total Expenses

$2,671

Mortgage P&I

110%

$1,795

Property Taxes

12%

$195

Home Insurance

8%

$126

HOA

0%

$0

Property Management

12%

$196

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$180

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis