REI Lense

REI Lense

Unlock all features! Tap here to upgrade

638 Newfound St, Canton, NC 28716

2 beds • 1 baths • 1286 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.5% first-year return on $86,571 initial cash invested.

-21.5%

Cash On Cash

0.99%

Cap Rate

0.16

DSCR

$934

Rent

-$1,551

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$934 income − $2,485 expenses = $1,551 out of pocket

Income$934Out of Pocket$1,551Mortgage P&I$1,808194%Property Taxes$10111%Insurance$12814%Management$14015%CapEx$374%Maintenance$374%Other$23425%

Investment Breakdown

|

Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,571

Downpayment

20%

$71,020

Closing costs

1%

$3,551

Rehab

0%

$0

Furnishing

3%

$12,000

Cashflow

Total Income

$934

Total Expenses

$2,485

Mortgage P&I

194%

$1,808

Property Taxes

11%

$101

Home Insurance

14%

$128

HOA

0%

$0

Property Management

15%

$140

CapEx

4%

$37

Vacancy

0%

$0

Maintenance

4%

$37

Other

25%

$234

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis