REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

3153 Village Dr, Morganton, NC 28655

3 beds • 3 baths • 1717 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.01% first-year return on $91,794 initial cash invested.

-8.01%

Cash On Cash

4.14%

Cap Rate

0.71

DSCR

$2,686

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,794

Downpayment

20%

$70,280

Closing costs

1%

$3,514

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,686

Total Expenses

$3,299

Mortgage P&I

64%

$1,717

Property Taxes

6%

$167

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis