REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4216 Bolick Road, Lenoir, NC 28645

3 beds • 4 baths • 2536 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.97% first-year return on $168k initial cash invested.

-13.97%

Cash On Cash

2.97%

Cap Rate

0.5

DSCR

$4,133

Rent

-$1,960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,133 income − $6,093 expenses = $1,960 out of pocket

Income$4,133Out of Pocket$1,960Mortgage P&I$3,56486%Property Taxes$2847%Insurance$2626%Management$62015%CapEx$1654%Maintenance$1654%Other$1,03325%

Investment Breakdown

|

Purchase Price

$716k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$143k

Closing costs

1%

$7,159

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,133

Total Expenses

$6,093

Mortgage P&I

86%

$3,564

Property Taxes

7%

$284

Home Insurance

6%

$262

HOA

0%

$0

Property Management

15%

$620

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,033

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis