REI Lense

REI Lense

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$2,694 (target)

948 Berkeley Glen Rd, Zebulon, NC 27597

3 beds • 2 baths • 1547 sqft

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This property looks like a bad Mid-Term investment with a projected -4.64% first-year return on $88,245 initial cash invested.

-4.64%

Cash On Cash

5.04%

Cap Rate

0.86

DSCR

$2,694

Rent

-$341

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

$88,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,694

Total Expenses

$3,035

Mortgage P&I

61%

$1,638

Property Taxes

11%

$288

Home Insurance

4%

$118

HOA

3%

$75

Property Management

12%

$323

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$296

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