REI Lense

REI Lense

Unlock all features! Tap here to upgrade

4580 Mill St, Hope Mills, NC 28348

3 beds • 3 baths • 1809 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.94% first-year return on $83,499 initial cash invested.

-8.94%

Cash On Cash

3.99%

Cap Rate

0.66

DSCR

$2,327

Rent

-$622

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,327 income − $2,949 expenses = $622 out of pocket

Income$2,327Out of Pocket$622Mortgage P&I$1,56667%Property Taxes$1567%Insurance$1105%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

|

Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,499

Downpayment

20%

$62,380

Closing costs

1%

$3,119

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,327

Total Expenses

$2,949

Mortgage P&I

67%

$1,566

Property Taxes

7%

$156

Home Insurance

5%

$110

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis