REI Lense

REI Lense

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$2,492 (target)

98 Bridle Path, Pittsboro, NC 27312

3 beds • 3 baths • 2102 sqft

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This property looks like a bad Long-Term investment with a projected -15.92% first-year return on $117k initial cash invested.

-15.92%

Cash On Cash

2.86%

Cap Rate

0.48

DSCR

$2,492

Rent

-$1,558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,492 income − $4,050 expenses = $1,558 out of pocket

Income$2,492Out of Pocket$1,558Mortgage P&I$2,765111%Property Taxes$36415%Insurance$1998%HOA$733%Management$24910%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$112k

Closing costs

1%

$5,592

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,492

Total Expenses

$4,050

Mortgage P&I

111%

$2,765

Property Taxes

15%

$364

Home Insurance

8%

$199

HOA

3%

$73

Property Management

10%

$249

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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