REI Lense

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$4,581 (target)

9205 Richardson King Rd, Waxhaw, NC 28173

3 beds • 3 baths • 2823 sqft

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This property might be a fair Mid-Term investment with a projected 0.01% first-year return on $130k initial cash invested.

0.01%

Cash On Cash

6.35%

Cap Rate

1.07

DSCR

$4,581

Rent

$1

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,581 income − $4,580 expenses = $1 cash flow

Income$4,581Mortgage P&I$2,64858%Property Taxes$1884%Insurance$1874%Management$55012%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50411%Cash Flow$1

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,581

Total Expenses

$4,580

Mortgage P&I

58%

$2,648

Property Taxes

4%

$188

Home Insurance

4%

$187

HOA

0%

$0

Property Management

12%

$550

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$504

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