REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1928 Fairfield Dr, Raleigh, NC 27608

3 beds • 2 baths • 1134 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.52% first-year return on $120k initial cash invested.

-10.52%

Cash On Cash

3.97%

Cap Rate

0.64

DSCR

$3,829

Rent

-$1,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,829 income − $4,882 expenses = $1,053 out of pocket

Income$3,829Out of Pocket$1,053Mortgage P&I$2,50966%Property Taxes$3619%Insurance$1755%Management$57415%CapEx$1534%Maintenance$1534%Other$95725%

Investment Breakdown

|

Purchase Price

$486k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,260

Closing costs

1%

$4,863

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,829

Total Expenses

$4,882

Mortgage P&I

66%

$2,509

Property Taxes

9%

$361

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$574

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$957

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis