REI Lense

REI Lense

Unlock all features! Tap here to upgrade

35 Meadow Pathway Dr, Fletcher, NC 28732

3 beds • 2 baths • 1688 sqft

Email

This property looks like a bad Airbnb investment with a projected -12.41% first-year return on $108k initial cash invested.

-12.41%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$2,692

Rent

-$1,119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,811 expenses = $1,119 out of pocket

Income$2,692Out of Pocket$1,119Mortgage P&I$2,15080%Property Taxes$1315%Insurance$1405%HOA$974%Management$40415%CapEx$1084%Maintenance$1084%Other$67325%

Investment Breakdown

|

Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,940

Closing costs

1%

$4,297

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,692

Total Expenses

$3,811

Mortgage P&I

80%

$2,150

Property Taxes

5%

$131

Home Insurance

5%

$140

HOA

4%

$97

Property Management

15%

$404

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$673

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis