REI Lense

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$3,327 (target)

85 Garnet Spring Ln, Waynesville, NC 28785

3 beds • 3 baths • 2512 sqft

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This property looks like a bad Long-Term investment with a projected -11.91% first-year return on $141k initial cash invested.

-11.91%

Cash On Cash

3.74%

Cap Rate

0.63

DSCR

$3,327

Rent

-$1,404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,327 income − $4,731 expenses = $1,404 out of pocket

Income$3,327Out of Pocket$1,404Mortgage P&I$3,339100%Property Taxes$1896%Insurance$2387%HOA$1003%Management$33310%CapEx$1665%Vacancy$2006%Maintenance$1665%

Investment Breakdown

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Purchase Price

$673k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$135k

Closing costs

1%

$6,734

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,327

Total Expenses

$4,731

Mortgage P&I

100%

$3,339

Property Taxes

6%

$189

Home Insurance

7%

$238

HOA

3%

$100

Property Management

10%

$333

CapEx

5%

$166

Vacancy

6%

$200

Maintenance

5%

$166

Other

0%

$0

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