REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5203 Spring Morning Ln, Monroe, NC 28110

3 beds • 2 baths • 1262 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.53% first-year return on $85,179 initial cash invested.

-18.53%

Cash On Cash

1.38%

Cap Rate

0.22

DSCR

$1,145

Rent

-$1,315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,145 income − $2,460 expenses = $1,315 out of pocket

Income$1,145Out of Pocket$1,315Mortgage P&I$1,637143%Property Taxes$16114%Insurance$11210%Management$17215%CapEx$464%Maintenance$464%Other$28625%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$1,145

Total Expenses

$2,460

Mortgage P&I

143%

$1,637

Property Taxes

14%

$161

Home Insurance

10%

$112

HOA

0%

$0

Property Management

15%

$172

CapEx

4%

$46

Vacancy

0%

$0

Maintenance

4%

$46

Other

25%

$286

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis