REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5882 Harmony Grove Rd, Nebo, NC 28761

3 beds • 3 baths • 2574 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.37% first-year return on $120k initial cash invested.

-14.37%

Cash On Cash

2.67%

Cap Rate

0.45

DSCR

$2,454

Rent

-$1,435

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,454 income − $3,889 expenses = $1,435 out of pocket

Income$2,454Out of Pocket$1,435Mortgage P&I$2,41798%Property Taxes$1195%Insurance$1757%Management$36815%CapEx$984%Maintenance$984%Other$61425%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,960

Closing costs

1%

$4,848

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,454

Total Expenses

$3,889

Mortgage P&I

98%

$2,417

Property Taxes

5%

$119

Home Insurance

7%

$175

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$614

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis