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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 0.39% first-year return on $65,229 initial cash invested.

0.39%

Cash On Cash

6.92%

Cap Rate

1.11

DSCR

$2,634

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,634 income − $2,613 expenses = $21 cash flow

Income$2,634Mortgage P&I$1,17144%Property Taxes$1004%Insurance$793%Management$39515%CapEx$1054%Maintenance$1054%Other$65825%Cash Flow$21

Investment Breakdown

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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

$2,634

Total Expenses

$2,613

Mortgage P&I

44%

$1,171

Property Taxes

4%

$100

Home Insurance

3%

$79

HOA

0%

$0

Property Management

15%

$395

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$658

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