REI Lense

REI Lense

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Target property

4441 Bishamon St, Hope Mills, NC 28348

3 beds • 2 baths • 1111 sqft

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This property looks like a bad Airbnb investment with a projected -26.68% first-year return on $64,914 initial cash invested.

-26.68%

Cash On Cash

-1.58%

Cap Rate

-0.26

DSCR

$0

Rent

-$1,443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,914

Downpayment

20%

$44,680

Closing costs

1%

$2,234

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,443

Mortgage P&I

11490000%

$1,149

Property Taxes

2150000%

$215

Home Insurance

790000%

$79

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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