REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3307 Southern Ginger Dr, Indian Trail, NC 28079

3 beds • 2 baths • 1207 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.51% first-year return on $87,972 initial cash invested.

-11.51%

Cash On Cash

3.09%

Cap Rate

0.53

DSCR

$2,160

Rent

-$844

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,972

Downpayment

20%

$66,640

Closing costs

1%

$3,332

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,160

Total Expenses

$3,004

Mortgage P&I

75%

$1,617

Property Taxes

9%

$198

Home Insurance

6%

$135

HOA

1%

$18

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis