REI Lense

REI Lense

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Target property

605 Cedar Knoll Cir, Pineville, NC 28134

3 beds • 3 baths • 1972 sqft

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This property looks like a bad Airbnb investment with a projected -29.24% first-year return on $111k initial cash invested.

-29.24%

Cash On Cash

-1.39%

Cap Rate

-0.23

DSCR

$0

Rent

-$2,697

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $2,697 expenses = $2,697 out of pocket

Income$0Out of Pocket$2,697Mortgage P&I$2,185Property Taxes$275Insurance$157HOA$80

Investment Breakdown

|

Purchase Price

$441k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,280

Closing costs

1%

$4,414

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,697

Mortgage P&I

21850000%

$2,185

Property Taxes

2750000%

$275

Home Insurance

1570000%

$157

HOA

800000%

$80

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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