REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3015 Queensdale Dr, Monroe, NC 28110

3 beds • 3 baths • 1423 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.41% first-year return on $83,373 initial cash invested.

-5.41%

Cash On Cash

5.13%

Cap Rate

0.84

DSCR

$2,991

Rent

-$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,991 income − $3,367 expenses = $376 out of pocket

Income$2,991Out of Pocket$376Mortgage P&I$1,58753%Property Taxes$2338%Insurance$1104%Management$44915%CapEx$1204%Maintenance$1204%Other$74825%

Investment Breakdown

|

Purchase Price

$311k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,373

Downpayment

20%

$62,260

Closing costs

1%

$3,113

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,991

Total Expenses

$3,367

Mortgage P&I

53%

$1,587

Property Taxes

8%

$233

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$748

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis