REI Lense

REI Lense

Unlock all features! Tap here to upgrade

302 Spring St, Canton, NC 28716

3 beds • 2 baths • 1232 sqft

Email

This property looks like a bad Airbnb investment with a projected -10.66% first-year return on $89,757 initial cash invested.

-10.66%

Cash On Cash

3.72%

Cap Rate

0.6

DSCR

$2,203

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,203 income − $3,000 expenses = $797 out of pocket

Income$2,203Out of Pocket$797Mortgage P&I$1,76880%Property Taxes$904%Insurance$854%Management$33015%CapEx$884%Maintenance$884%Other$55125%

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,757

Downpayment

20%

$68,340

Closing costs

1%

$3,417

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,203

Total Expenses

$3,000

Mortgage P&I

80%

$1,768

Property Taxes

4%

$90

Home Insurance

4%

$85

HOA

0%

$0

Property Management

15%

$330

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$551

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis