REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,482 (target)

8446 Aqua Ln, Kannapolis, NC 28081

3 beds • 3 baths • 2036 sqft

Email

This property looks like a bad Mid-Term investment with a projected -3.38% first-year return on $111k initial cash invested.

-3.38%

Cash On Cash

5.7%

Cap Rate

0.92

DSCR

$3,482

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,482 income − $3,794 expenses = $312 out of pocket

Income$3,482Out of Pocket$312Mortgage P&I$2,27065%Property Taxes$1835%Insurance$1585%Management$41812%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38311%

Investment Breakdown

|

Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,360

Closing costs

1%

$4,418

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,482

Total Expenses

$3,794

Mortgage P&I

65%

$2,270

Property Taxes

5%

$183

Home Insurance

5%

$158

HOA

0%

$0

Property Management

12%

$418

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$383

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis