REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

335 Icenhower Rd, Leicester, NC 28748

3 beds • 2 baths • 1580 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.28% first-year return on $113k initial cash invested.

-5.28%

Cash On Cash

4.95%

Cap Rate

0.84

DSCR

$3,833

Rent

-$495

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,040

Closing costs

1%

$4,502

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,833

Total Expenses

$4,328

Mortgage P&I

57%

$2,200

Property Taxes

3%

$128

Home Insurance

4%

$161

HOA

0%

$0

Property Management

15%

$575

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$958

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis