REI Lense

REI Lense

Unlock all features! Tap here to upgrade

659 N Main St, Stanley, NC 28164

3 beds • 3 baths • 1775 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.18% first-year return on $62,625 initial cash invested.

-2.18%

Cash On Cash

6.39%

Cap Rate

0.99

DSCR

$2,541

Rent

-$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,541 income − $2,655 expenses = $114 out of pocket

Income$2,541Out of Pocket$114Mortgage P&I$1,14345%Property Taxes$2179%Insurance$753%Management$38115%CapEx$1024%Maintenance$1024%Other$63525%

Investment Breakdown

|

Purchase Price

$213k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,625

Downpayment

20%

$42,500

Closing costs

1%

$2,125

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,541

Total Expenses

$2,655

Mortgage P&I

45%

$1,143

Property Taxes

9%

$217

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$381

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$635

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis