REI Lense

REI Lense

Unlock all features! Tap here to upgrade

33 Souther Rd, Fletcher, NC 28732

3 beds • 3 baths • 2853 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.88% first-year return on $115k initial cash invested.

-13.88%

Cash On Cash

2.71%

Cap Rate

0.46

DSCR

$2,378

Rent

-$1,335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,378 income − $3,713 expenses = $1,335 out of pocket

Income$2,378Out of Pocket$1,335Mortgage P&I$2,28896%Property Taxes$743%Insurance$2109%Management$35715%CapEx$954%Maintenance$954%Other$59425%

Investment Breakdown

|

Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,740

Closing costs

1%

$4,637

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,378

Total Expenses

$3,713

Mortgage P&I

96%

$2,288

Property Taxes

3%

$74

Home Insurance

9%

$210

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$594

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis