REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

130 Sierra Chase Dr, Statesville, NC 28677

3 beds • 3 baths • 2438 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.24% first-year return on $121k initial cash invested.

-11.24%

Cash On Cash

3.38%

Cap Rate

0.58

DSCR

$3,265

Rent

-$1,131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,820

Closing costs

1%

$4,891

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,265

Total Expenses

$4,396

Mortgage P&I

73%

$2,379

Property Taxes

7%

$230

Home Insurance

5%

$166

HOA

2%

$53

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$816

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis