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1011 Cambridge Ct, Lenoir, NC 28645

3 beds • 3 baths • 3034 sqft

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This property looks like a bad Airbnb investment with a projected -12.41% first-year return on $107k initial cash invested.

-12.41%

Cash On Cash

3.02%

Cap Rate

0.51

DSCR

$2,494

Rent

-$1,110

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,120

Closing costs

1%

$4,256

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,494

Total Expenses

$3,604

Mortgage P&I

83%

$2,082

Property Taxes

7%

$172

Home Insurance

6%

$152

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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