REI Lense

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$1,999 (target)

848 Brook Bawn Dr, Wendell, NC 27591

3 beds • 2 baths • 1533 sqft

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This property looks like a bad Long-Term investment with a projected -10.51% first-year return on $69,298 initial cash invested.

-10.51%

Cash On Cash

4.36%

Cap Rate

0.7

DSCR

$1,999

Rent

-$607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,999 income − $2,606 expenses = $607 out of pocket

Income$1,999Out of Pocket$607Mortgage P&I$1,70585%Property Taxes$1879%Insurance$1166%HOA$784%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%

Investment Breakdown

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Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,298

Downpayment

20%

$65,998

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,999

Total Expenses

$2,606

Mortgage P&I

85%

$1,705

Property Taxes

9%

$187

Home Insurance

6%

$116

HOA

4%

$78

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

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