REI Lense

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$2,790 (target)

922 Great Ridge Pkwy, Chapel Hill, NC 27516

3 beds • 3 baths • 2075 sqft

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This property looks like a bad Long-Term investment with a projected -13.53% first-year return on $112k initial cash invested.

-13.53%

Cash On Cash

3.4%

Cap Rate

0.57

DSCR

$2,790

Rent

-$1,267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,790 income − $4,057 expenses = $1,267 out of pocket

Income$2,790Out of Pocket$1,267Mortgage P&I$2,64395%Property Taxes$29511%Insurance$1927%HOA$2017%Management$27910%CapEx$1405%Vacancy$1676%Maintenance$1405%

Investment Breakdown

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Purchase Price

$535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$107k

Closing costs

1%

$5,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,790

Total Expenses

$4,057

Mortgage P&I

95%

$2,643

Property Taxes

11%

$295

Home Insurance

7%

$192

HOA

7%

$201

Property Management

10%

$279

CapEx

5%

$140

Vacancy

6%

$167

Maintenance

5%

$140

Other

0%

$0

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