REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2500 Grayson Pkwy, Monroe, NC 28110

3 beds • 2 baths • 2002 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.58% first-year return on $105k initial cash invested.

-6.58%

Cash On Cash

4.5%

Cap Rate

0.78

DSCR

$3,365

Rent

-$577

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,365 income − $3,942 expenses = $577 out of pocket

Income$3,365Out of Pocket$577Mortgage P&I$1,99859%Property Taxes$1625%Insurance$1454%HOA$211%Management$50515%CapEx$1354%Maintenance$1354%Other$84125%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,000

Closing costs

1%

$4,150

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,365

Total Expenses

$3,942

Mortgage P&I

59%

$1,998

Property Taxes

5%

$162

Home Insurance

4%

$145

HOA

1%

$21

Property Management

15%

$505

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$841

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis