REI Lense

REI Lense

Unlock all features! Tap here to upgrade

19 Neely Rd, Brevard, NC 28712

3 beds • 3 baths • 2314 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.05% first-year return on $165k initial cash invested.

-13.05%

Cash On Cash

3.02%

Cap Rate

0.52

DSCR

$3,882

Rent

-$1,791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,882 income − $5,673 expenses = $1,791 out of pocket

Income$3,882Out of Pocket$1,791Mortgage P&I$3,39387%Property Taxes$1644%Insurance$2547%Management$58215%CapEx$1554%Maintenance$1554%Other$97025%

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,987

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,882

Total Expenses

$5,673

Mortgage P&I

87%

$3,393

Property Taxes

4%

$164

Home Insurance

7%

$254

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis