REI Lense

REI Lense

Unlock all features! Tap here to upgrade

513 Bost Rd, Morganton, NC 28655

3 beds • 2 baths • 1716 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.89% first-year return on $79,950 initial cash invested.

-8.89%

Cash On Cash

3.8%

Cap Rate

0.65

DSCR

$2,012

Rent

-$592

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,012 income − $2,604 expenses = $592 out of pocket

Income$2,012Out of Pocket$592Mortgage P&I$1,44572%Property Taxes$915%Insurance$1035%Management$30215%CapEx$804%Maintenance$804%Other$50325%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,012

Total Expenses

$2,604

Mortgage P&I

72%

$1,445

Property Taxes

5%

$91

Home Insurance

5%

$103

HOA

0%

$0

Property Management

15%

$302

CapEx

4%

$80

Vacancy

0%

$0

Maintenance

4%

$80

Other

25%

$503

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis