REI Lense

REI Lense

Unlock all features! Tap here to upgrade

449 Millbrook Dr, Pittsboro, NC 27312

3 beds • 3 baths • 1647 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.75% first-year return on $110k initial cash invested.

-13.75%

Cash On Cash

3.59%

Cap Rate

0.54

DSCR

$3,270

Rent

-$1,260

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,270 income − $4,530 expenses = $1,260 out of pocket

Income$3,270Out of Pocket$1,260Mortgage P&I$2,44175%Property Taxes$32310%Insurance$1565%HOA$401%Management$49015%CapEx$1314%Maintenance$1314%Other$81825%

Investment Breakdown

|

Purchase Price

$438k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,620

Closing costs

1%

$4,381

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,270

Total Expenses

$4,530

Mortgage P&I

75%

$2,441

Property Taxes

10%

$323

Home Insurance

5%

$156

HOA

1%

$40

Property Management

15%

$490

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$818

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis