REI Lense

REI Lense

Unlock all features! Tap here to upgrade

307 Arvada Dr, Cary, NC 27519

3 beds • 3 baths • 2563 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.63% first-year return on $173k initial cash invested.

-18.63%

Cash On Cash

1.83%

Cap Rate

0.31

DSCR

$4,016

Rent

-$2,692

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,016 income − $6,708 expenses = $2,692 out of pocket

Income$4,016Out of Pocket$2,692Mortgage P&I$3,66091%Property Taxes$54914%Insurance$2596%HOA$3128%Management$60215%CapEx$1614%Maintenance$1614%Other$1,00425%

Investment Breakdown

|

Purchase Price

$740k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,398

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,016

Total Expenses

$6,708

Mortgage P&I

91%

$3,660

Property Taxes

14%

$549

Home Insurance

6%

$259

HOA

8%

$312

Property Management

15%

$602

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,004

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis