REI Lense

REI Lense

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$1,796 (target)

948 Berkeley Glen Rd, Zebulon, NC 27597

3 beds • 2 baths • 1547 sqft

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This property looks like a bad Long-Term investment with a projected -13.51% first-year return on $70,245 initial cash invested.

-13.51%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$1,796

Rent

-$791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,796

Total Expenses

$2,587

Mortgage P&I

91%

$1,638

Property Taxes

16%

$288

Home Insurance

7%

$118

HOA

4%

$75

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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