REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24668 Saint Martin Rd, Albemarle, NC 28001

3 beds • 2 baths • 1694 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.68% first-year return on $80,895 initial cash invested.

-3.68%

Cash On Cash

5.6%

Cap Rate

0.91

DSCR

$2,821

Rent

-$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,821 income − $3,069 expenses = $248 out of pocket

Income$2,821Out of Pocket$248Mortgage P&I$1,53354%Property Taxes$773%Insurance$1054%Management$42315%CapEx$1134%Maintenance$1134%Other$70525%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,821

Total Expenses

$3,069

Mortgage P&I

54%

$1,533

Property Taxes

3%

$77

Home Insurance

4%

$105

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$705

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis