REI Lense

REI Lense

Unlock all features! Tap here to upgrade

287 Wynnridge Dr, Angier, NC 27501

3 beds • 2 baths • 1416 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.66% first-year return on $86,040 initial cash invested.

-8.66%

Cash On Cash

4.21%

Cap Rate

0.69

DSCR

$2,492

Rent

-$621

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,492 income − $3,113 expenses = $621 out of pocket

Income$2,492Out of Pocket$621Mortgage P&I$1,65867%Property Taxes$1426%Insurance$1165%Management$37415%CapEx$1004%Maintenance$1004%Other$62325%

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,040

Downpayment

20%

$64,800

Closing costs

1%

$3,240

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,492

Total Expenses

$3,113

Mortgage P&I

67%

$1,658

Property Taxes

6%

$142

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$623

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis