REI Lense

REI Lense

Unlock all features! Tap here to upgrade

660 Lake Forest Drive SE, Pinehurst, NC 28374

3 beds • 3 baths • 3760 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.43% first-year return on $216k initial cash invested.

-23.43%

Cash On Cash

0.85%

Cap Rate

0.14

DSCR

$2,762

Rent

-$4,222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,762 income − $6,984 expenses = $4,222 out of pocket

Income$2,762Out of Pocket$4,222Mortgage P&I$4,782173%Property Taxes$39714%Insurance$48117%Management$41415%CapEx$1104%Maintenance$1104%Other$69025%

Investment Breakdown

|

Purchase Price

$944k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$216k

Downpayment

20%

$189k

Closing costs

1%

$9,439

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,762

Total Expenses

$6,984

Mortgage P&I

173%

$4,782

Property Taxes

14%

$397

Home Insurance

17%

$481

HOA

0%

$0

Property Management

15%

$414

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$690

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis