REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

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 -13.7% first-year return on $87,972 initial cash invested.

-13.7%

Cash On Cash

2.47%

Cap Rate

0.42

DSCR

$1,853

Rent

-$1,004

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

$1,853

Total Expenses

$2,857

Mortgage P&I

87%

$1,617

Property Taxes

11%

$198

Home Insurance

7%

$135

HOA

1%

$18

Property Management

15%

$278

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$463

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis