REI Lense

REI Lense

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$1,547 (target)

908 Doll St, Fayetteville, NC 28303

3 beds • 6 baths • 2052 sqft

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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $54,012 initial cash invested.

-12.62%

Cash On Cash

4.16%

Cap Rate

0.64

DSCR

$1,547

Rent

-$568

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $2,115 expenses = $568 out of pocket

Income$1,547Out of Pocket$568Mortgage P&I$1,38289%Property Taxes$24016%Insurance$916%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,012

Downpayment

20%

$51,440

Closing costs

1%

$2,572

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$2,115

Mortgage P&I

89%

$1,382

Property Taxes

16%

$240

Home Insurance

6%

$91

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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