REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3111 Essex Path, Hendersonville, NC 28791

3 beds • 2 baths • 1778 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.54% first-year return on $102k initial cash invested.

-17.54%

Cash On Cash

2.44%

Cap Rate

0.37

DSCR

$2,416

Rent

-$1,497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,416 income − $3,913 expenses = $1,497 out of pocket

Income$2,416Out of Pocket$1,497Mortgage P&I$2,21992%Property Taxes$28912%Insurance$1456%HOA$1004%Management$36215%CapEx$974%Maintenance$974%Other$60425%

Investment Breakdown

|

Purchase Price

$402k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,400

Closing costs

1%

$4,020

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,416

Total Expenses

$3,913

Mortgage P&I

92%

$2,219

Property Taxes

12%

$289

Home Insurance

6%

$145

HOA

4%

$100

Property Management

15%

$362

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$604

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis