REI Lense

REI Lense

Unlock all features! Tap here to upgrade

233 Salt Cedar Ln, Chapel Hill, NC 27516

3 beds • 3 baths • 2132 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.25% first-year return on $129k initial cash invested.

-10.25%

Cash On Cash

3.86%

Cap Rate

0.65

DSCR

$4,330

Rent

-$1,103

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,330 income − $5,433 expenses = $1,103 out of pocket

Income$4,330Out of Pocket$1,103Mortgage P&I$2,63461%Property Taxes$3288%Insurance$1924%HOA$2015%Management$65015%CapEx$1734%Maintenance$1734%Other$1,08225%

Investment Breakdown

|

Purchase Price

$529k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,292

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,330

Total Expenses

$5,433

Mortgage P&I

61%

$2,634

Property Taxes

8%

$328

Home Insurance

4%

$192

HOA

5%

$201

Property Management

15%

$650

CapEx

4%

$173

Vacancy

0%

$0

Maintenance

4%

$173

Other

25%

$1,082

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis