REI Lense

REI Lense

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$1,713 (target)

9235 Kendall Dr, Charlotte, NC 28214

3 beds • 2 baths • 1076 sqft

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This property might be a fair Long-Term investment with a projected 0.4% first-year return on $44,961 initial cash invested.

0.4%

Cash On Cash

6.76%

Cap Rate

1.09

DSCR

$1,713

Rent

$15

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,713 income − $1,698 expenses = $15 cash flow

Income$1,713Mortgage P&I$1,10565%Property Taxes$915%Insurance$563%Management$17110%CapEx$865%Vacancy$1036%Maintenance$865%Cash Flow$15

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,961

Downpayment

20%

$42,820

Closing costs

1%

$2,141

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,713

Total Expenses

$1,698

Mortgage P&I

65%

$1,105

Property Taxes

5%

$91

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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