REI Lense

REI Lense

Unlock all features! Tap here to upgrade

127 Abercrombie Rd, Wake Forest, NC 27587

3 beds • 2 baths • 1330 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.74% first-year return on $79,341 initial cash invested.

-1.74%

Cash On Cash

6.06%

Cap Rate

1.01

DSCR

$3,316

Rent

-$115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,316 income − $3,431 expenses = $115 out of pocket

Income$3,316Out of Pocket$115Mortgage P&I$1,45844%Property Taxes$2768%Insurance$1053%Management$49715%CapEx$1334%Maintenance$1334%Other$82925%

Investment Breakdown

|

Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,316

Total Expenses

$3,431

Mortgage P&I

44%

$1,458

Property Taxes

8%

$276

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$497

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$829

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis