REI Lense

REI Lense

Unlock all features! Tap here to upgrade

119 Cottontail Ln, Statesville, NC 28677

3 beds • 2 baths • 1495 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.43% first-year return on $98,472 initial cash invested.

-9.43%

Cash On Cash

3.78%

Cap Rate

0.64

DSCR

$2,653

Rent

-$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,472

Downpayment

20%

$76,640

Closing costs

1%

$3,832

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,653

Total Expenses

$3,427

Mortgage P&I

71%

$1,876

Property Taxes

5%

$142

Home Insurance

5%

$136

HOA

0%

$0

Property Management

15%

$398

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$663

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis