REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4216 Bolick Rd, Lenoir, NC 28645

3 beds • 3 baths • 2536 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.39% first-year return on $186k initial cash invested.

-14.39%

Cash On Cash

2.89%

Cap Rate

0.48

DSCR

$4,456

Rent

-$2,235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,456 income − $6,691 expenses = $2,235 out of pocket

Income$4,456Out of Pocket$2,235Mortgage P&I$3,99190%Property Taxes$3007%Insurance$2626%Management$66815%CapEx$1784%Maintenance$1784%Other$1,11425%

Investment Breakdown

|

Purchase Price

$802k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,018

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,456

Total Expenses

$6,691

Mortgage P&I

90%

$3,991

Property Taxes

7%

$300

Home Insurance

6%

$262

HOA

0%

$0

Property Management

15%

$668

CapEx

4%

$178

Vacancy

0%

$0

Maintenance

4%

$178

Other

25%

$1,114

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis