REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3497 Blue Creek Rd, Lenoir, NC 28645

3 beds • 4 baths • 2838 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.98% first-year return on $170k initial cash invested.

-13.98%

Cash On Cash

2.81%

Cap Rate

0.48

DSCR

$3,800

Rent

-$1,984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,800 income − $5,784 expenses = $1,984 out of pocket

Income$3,800Out of Pocket$1,984Mortgage P&I$3,52893%Property Taxes$1785%Insurance$2547%Management$57015%CapEx$1524%Maintenance$1524%Other$95025%

Investment Breakdown

|

Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,800

Total Expenses

$5,784

Mortgage P&I

93%

$3,528

Property Taxes

5%

$178

Home Insurance

7%

$254

HOA

0%

$0

Property Management

15%

$570

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$950

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis