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1697 Denver Ct, Lenoir, NC 28645

3 beds • 2 baths • 960 sqft

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This property might be a fair Airbnb investment with a projected 0.83% first-year return on $65,229 initial cash invested.

0.83%

Cash On Cash

7.06%

Cap Rate

1.13

DSCR

$2,681

Rent

$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,681 income − $2,636 expenses = $45 cash flow

Income$2,681Mortgage P&I$1,17144%Property Taxes$1004%Insurance$793%Management$40215%CapEx$1074%Maintenance$1074%Other$67025%Cash Flow$45

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,229

Downpayment

20%

$44,980

Closing costs

1%

$2,249

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,681

Total Expenses

$2,636

Mortgage P&I

44%

$1,171

Property Taxes

4%

$100

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

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