REI Lense

REI Lense

Unlock all features! Tap here to upgrade

331 Forest Oaks Dr, Clayton, NC 27527

3 beds • 3 baths • 2220 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.21% first-year return on $115k initial cash invested.

-16.21%

Cash On Cash

2.33%

Cap Rate

0.38

DSCR

$2,491

Rent

-$1,552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,491 income − $4,043 expenses = $1,552 out of pocket

Income$2,491Out of Pocket$1,552Mortgage P&I$2,34794%Property Taxes$31313%Insurance$1757%HOA$11Management$37415%CapEx$1004%Maintenance$1004%Other$62325%

Investment Breakdown

|

Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,260

Closing costs

1%

$4,613

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,491

Total Expenses

$4,043

Mortgage P&I

94%

$2,347

Property Taxes

13%

$313

Home Insurance

7%

$175

HOA

0%

$11

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$623

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis