REI Lense

REI Lense

Unlock all features! Tap here to upgrade

300 Francis Asbury Rd, Waynesville, NC 28785

3 beds • 2 baths • 1503 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.9% first-year return on $83,100 initial cash invested.

-11.9%

Cash On Cash

3.28%

Cap Rate

0.53

DSCR

$2,044

Rent

-$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,044 income − $2,868 expenses = $824 out of pocket

Income$2,044Out of Pocket$824Mortgage P&I$1,59078%Property Taxes$1115%Insurance$1105%HOA$754%Management$30715%CapEx$824%Maintenance$824%Other$51125%

Investment Breakdown

|

Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,100

Downpayment

20%

$62,000

Closing costs

1%

$3,100

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$2,868

Mortgage P&I

78%

$1,590

Property Taxes

5%

$111

Home Insurance

5%

$110

HOA

4%

$75

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis