REI Lense

REI Lense

Unlock all features! Tap here to upgrade

704 Apple Tree Ct, Waynesville, NC 28786

3 beds • 2 baths • 1710 sqft

Email

This property could be a profitable Airbnb investment with a projected 35.03% first-year return on $30,180 initial cash invested.

35.03%

Cash On Cash

26.44%

Cap Rate

4.25

DSCR

$2,389

Rent

$881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,389 income − $1,508 expenses = $881 cash flow

Income$2,389Mortgage P&I$30113%Property Taxes$341%Insurance$201%HOA$6Management$35815%CapEx$964%Maintenance$964%Other$59725%Cash Flow$881

Investment Breakdown

|

Purchase Price

$58,000

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,180

Downpayment

20%

$11,600

Closing costs

1%

$580

Rehab

0%

$0

Furnishing

31%

$18,000

Cashflow

Total Income

$2,389

Total Expenses

$1,508

Mortgage P&I

13%

$301

Property Taxes

1%

$34

Home Insurance

1%

$20

HOA

0%

$6

Property Management

15%

$358

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$597

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis