REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,072 (target)

946 Shearers Rd, Mooresville, NC 28115

3 beds • 3 baths • 1891 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $85,995 initial cash invested.

-13.94%

Cash On Cash

3.35%

Cap Rate

0.56

DSCR

$2,072

Rent

-$999

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,072 income − $3,071 expenses = $999 out of pocket

Income$2,072Out of Pocket$999Mortgage P&I$2,03998%Property Taxes$34317%Insurance$1507%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

|

Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,995

Downpayment

20%

$81,900

Closing costs

1%

$4,095

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,072

Total Expenses

$3,071

Mortgage P&I

98%

$2,039

Property Taxes

17%

$343

Home Insurance

7%

$150

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis