REI Lense

REI Lense

Unlock all features! Tap here to upgrade

800 Ethel St, Waxhaw, NC 28173

3 beds • 2 baths • 1025 sqft

Email

This property might be a fair Airbnb investment with a projected 1.16% first-year return on $85,998 initial cash invested.

1.16%

Cash On Cash

6.92%

Cap Rate

1.15

DSCR

$3,845

Rent

$83

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,845 income − $3,762 expenses = $83 cash flow

Income$3,845Mortgage P&I$1,62942%Property Taxes$1714%Insurance$1163%Management$57715%CapEx$1544%Maintenance$1544%Other$96125%Cash Flow$83

Investment Breakdown

|

Purchase Price

$324k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,998

Downpayment

20%

$64,760

Closing costs

1%

$3,238

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,845

Total Expenses

$3,762

Mortgage P&I

42%

$1,629

Property Taxes

4%

$171

Home Insurance

3%

$116

HOA

0%

$0

Property Management

15%

$577

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$961

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis