REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

9630 Hannon Rd, Mint Hill, NC 28227

3 beds • 2 baths • 1461 sqft

Email

This property looks like a bad Mid-Term investment with a projected -1.07% first-year return on $91,164 initial cash invested.

-1.07%

Cash On Cash

5.95%

Cap Rate

1.02

DSCR

$2,932

Rent

-$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,164

Downpayment

20%

$69,680

Closing costs

1%

$3,484

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,932

Total Expenses

$3,013

Mortgage P&I

58%

$1,691

Property Taxes

7%

$201

Home Insurance

4%

$124

HOA

0%

$0

Property Management

12%

$352

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$323

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis