REI Lense

REI Lense

Unlock all features! Tap here to upgrade

110 Upper Snowbird Trail, Banner Elk, NC 28604

3 beds • 3 baths • 2367 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.85% first-year return on $149k initial cash invested.

-19.85%

Cash On Cash

1.43%

Cap Rate

0.24

DSCR

$2,509

Rent

-$2,460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,509 income − $4,969 expenses = $2,460 out of pocket

Income$2,509Out of Pocket$2,460Mortgage P&I$3,102124%Property Taxes$43617%Insurance$2289%Management$37615%CapEx$1004%Maintenance$1004%Other$62725%

Investment Breakdown

|

Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,226

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,509

Total Expenses

$4,969

Mortgage P&I

124%

$3,102

Property Taxes

17%

$436

Home Insurance

9%

$228

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis