REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1896 Bakers Glade Ln, Hickory, NC 28602

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.72% first-year return on $82,239 initial cash invested.

-1.72%

Cash On Cash

6%

Cap Rate

1

DSCR

$3,110

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,110 income − $3,228 expenses = $118 out of pocket

Income$3,110Out of Pocket$118Mortgage P&I$1,52349%Property Taxes$1053%Insurance$1083%Management$46615%CapEx$1244%Maintenance$1244%Other$77825%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,239

Downpayment

20%

$61,180

Closing costs

1%

$3,059

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,110

Total Expenses

$3,228

Mortgage P&I

49%

$1,523

Property Taxes

3%

$105

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$466

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis