REI Lense

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$2,676 (target)

909 Woodland Forest Dr, Waxhaw, NC 28173

3 beds • 3 baths • 3201 sqft

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This property looks like a bad Long-Term investment with a projected -18.37% first-year return on $162k initial cash invested.

-18.37%

Cash On Cash

2.35%

Cap Rate

0.39

DSCR

$2,676

Rent

-$2,479

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $5,155 expenses = $2,479 out of pocket

Income$2,676Out of Pocket$2,479Mortgage P&I$3,854144%Property Taxes$32812%Insurance$27610%Management$26810%CapEx$1345%Vacancy$1616%Maintenance$1345%

Investment Breakdown

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Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$162k

Downpayment

20%

$154k

Closing costs

1%

$7,711

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,676

Total Expenses

$5,155

Mortgage P&I

144%

$3,854

Property Taxes

12%

$328

Home Insurance

10%

$276

HOA

0%

$0

Property Management

10%

$268

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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