REI Lense

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$2,156 (target)

9 Edgestone Pl, Chapel Hill, NC 27517

3 beds • 2 baths • 1409 sqft

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This property looks like a bad Long-Term investment with a projected -18.72% first-year return on $110k initial cash invested.

-18.72%

Cash On Cash

2.52%

Cap Rate

0.41

DSCR

$2,156

Rent

-$1,722

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,156 income − $3,878 expenses = $1,722 out of pocket

Income$2,156Out of Pocket$1,722Mortgage P&I$2,716126%Property Taxes$40819%Insurance$1899%HOA$4Management$21610%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,257

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,156

Total Expenses

$3,878

Mortgage P&I

126%

$2,716

Property Taxes

19%

$408

Home Insurance

9%

$189

HOA

0%

$4

Property Management

10%

$216

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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