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 -9.04% first-year return on $89,757 initial cash invested.

-9.04%

Cash On Cash

4.18%

Cap Rate

0.67

DSCR

$2,439

Rent

-$676

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,439 income − $3,115 expenses = $676 out of pocket

Income$2,439Out of Pocket$676Mortgage P&I$1,76872%Property Taxes$904%Insurance$853%Management$36615%CapEx$984%Maintenance$984%Other$61025%

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

$2,439

Total Expenses

$3,115

Mortgage P&I

72%

$1,768

Property Taxes

4%

$90

Home Insurance

3%

$85

HOA

0%

$0

Property Management

15%

$366

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$610

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis