REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,845 (target)

977 Bellegray Ln NW, Concord, NC 28027

3 beds • 3 baths • 2697 sqft

Email

This property looks like a bad Long-Term investment with a projected -18.3% first-year return on $145k initial cash invested.

-18.3%

Cash On Cash

2.45%

Cap Rate

0.4

DSCR

$2,845

Rent

-$2,212

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $5,057 expenses = $2,212 out of pocket

Income$2,845Out of Pocket$2,212Mortgage P&I$3,478122%Property Taxes$53019%Insurance$2489%HOA$622%Management$28410%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

|

Purchase Price

$691k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$138k

Closing costs

1%

$6,908

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,845

Total Expenses

$5,057

Mortgage P&I

122%

$3,478

Property Taxes

19%

$530

Home Insurance

9%

$248

HOA

2%

$62

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis