REI Lense

REI Lense

Unlock all features! Tap here to upgrade

412 Lewis Rd, Rutherfordton, NC 28139

3 beds • 2 baths • 1581 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.79% first-year return on $80,706 initial cash invested.

-11.79%

Cash On Cash

3.11%

Cap Rate

0.52

DSCR

$1,807

Rent

-$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,807 income − $2,600 expenses = $793 out of pocket

Income$1,807Out of Pocket$793Mortgage P&I$1,49683%Property Taxes$1448%Insurance$935%Management$27115%CapEx$724%Maintenance$724%Other$45225%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,706

Downpayment

20%

$59,720

Closing costs

1%

$2,986

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,807

Total Expenses

$2,600

Mortgage P&I

83%

$1,496

Property Taxes

8%

$144

Home Insurance

5%

$93

HOA

0%

$0

Property Management

15%

$271

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$452

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis