REI Lense

REI Lense

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Target property

3748 Masters Dr, Hope Mills, NC 28348

3 beds • 2 baths • 1661 sqft

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This property looks like a bad Airbnb investment with a projected -26.29% first-year return on $50,886 initial cash invested.

-26.29%

Cash On Cash

-2.25%

Cap Rate

-0.36

DSCR

$0

Rent

-$1,115

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$157k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,886

Downpayment

20%

$31,320

Closing costs

1%

$1,566

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,115

Mortgage P&I

8210000%

$821

Property Taxes

2380000%

$238

Home Insurance

560000%

$56

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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