REI Lense

REI Lense

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Target property

1209 Arbor Dr, Salisbury, NC 28144

3 beds • 2 baths • 2049 sqft

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This property looks like a bad Airbnb investment with a projected -28.38% first-year return on $95,763 initial cash invested.

-28.38%

Cash On Cash

-1.5%

Cap Rate

-0.26

DSCR

$0

Rent

-$2,265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,763

Downpayment

20%

$74,060

Closing costs

1%

$3,703

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,265

Mortgage P&I

18010000%

$1,801

Property Taxes

3290000%

$329

Home Insurance

1350000%

$135

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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