REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3110 Whispering Creek Dr, Indian Trail, NC 28079

3 beds • 3 baths • 2706 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.56% first-year return on $135k initial cash invested.

-16.56%

Cash On Cash

2.23%

Cap Rate

0.37

DSCR

$3,157

Rent

-$1,867

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,157 income − $5,024 expenses = $1,867 out of pocket

Income$3,157Out of Pocket$1,867Mortgage P&I$2,78188%Property Taxes$2789%Insurance$2006%HOA$2508%Management$47415%CapEx$1264%Maintenance$1264%Other$78925%

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,587

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,157

Total Expenses

$5,024

Mortgage P&I

88%

$2,781

Property Taxes

9%

$278

Home Insurance

6%

$200

HOA

8%

$250

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$789

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis