REI Lense

REI Lense

Unlock all features! Tap here to upgrade

143 Allen Dale Ln, Lincolnton, NC 28092

3 beds • 2 baths • 1080 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.16% first-year return on $66,006 initial cash invested.

-3.16%

Cash On Cash

5.85%

Cap Rate

0.94

DSCR

$2,426

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,426 income − $2,600 expenses = $174 out of pocket

Income$2,426Out of Pocket$174Mortgage P&I$1,19249%Property Taxes$1566%Insurance$884%Management$36415%CapEx$974%Maintenance$974%Other$60625%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,006

Downpayment

20%

$45,720

Closing costs

1%

$2,286

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,426

Total Expenses

$2,600

Mortgage P&I

49%

$1,192

Property Taxes

6%

$156

Home Insurance

4%

$88

HOA

0%

$0

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis