REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1113 Clematis St, Knightdale, NC 27545

3 beds • 3 baths • 2337 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.57% first-year return on $118k initial cash invested.

-15.57%

Cash On Cash

2.27%

Cap Rate

0.39

DSCR

$2,601

Rent

-$1,526

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,601 income − $4,127 expenses = $1,526 out of pocket

Income$2,601Out of Pocket$1,526Mortgage P&I$2,32189%Property Taxes$38015%Insurance$1707%HOA$8Management$39015%CapEx$1044%Maintenance$1044%Other$65025%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,900

Closing costs

1%

$4,745

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,601

Total Expenses

$4,127

Mortgage P&I

89%

$2,321

Property Taxes

15%

$380

Home Insurance

7%

$170

HOA

0%

$8

Property Management

15%

$390

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$650

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis