REI Lense

REI Lense

Unlock all features! Tap here to upgrade

234 Gravely Branch Rd, Fletcher, NC 28732

3 beds • 3 baths • 2017 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.12% first-year return on $161k initial cash invested.

-13.12%

Cash On Cash

3.02%

Cap Rate

0.52

DSCR

$3,961

Rent

-$1,765

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,961 income − $5,726 expenses = $1,765 out of pocket

Income$3,961Out of Pocket$1,765Mortgage P&I$3,32784%Property Taxes$2546%Insurance$2456%Management$59415%CapEx$1584%Maintenance$1584%Other$99025%

Investment Breakdown

|

Purchase Price

$683k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$137k

Closing costs

1%

$6,833

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,961

Total Expenses

$5,726

Mortgage P&I

84%

$3,327

Property Taxes

6%

$254

Home Insurance

6%

$245

HOA

0%

$0

Property Management

15%

$594

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$990

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis