REI Lense

REI Lense

Unlock all features! Tap here to upgrade

909 Woodland Forest Dr, Waxhaw, NC 28173

3 beds • 3 baths • 3201 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.34% first-year return on $180k initial cash invested.

-19.34%

Cash On Cash

1.67%

Cap Rate

0.28

DSCR

$2,996

Rent

-$2,900

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,996 income − $5,896 expenses = $2,900 out of pocket

Income$2,996Out of Pocket$2,900Mortgage P&I$3,854129%Property Taxes$32811%Insurance$2769%Management$44915%CapEx$1204%Maintenance$1204%Other$74925%

Investment Breakdown

|

Purchase Price

$771k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$154k

Closing costs

1%

$7,711

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,996

Total Expenses

$5,896

Mortgage P&I

129%

$3,854

Property Taxes

11%

$328

Home Insurance

9%

$276

HOA

0%

$0

Property Management

15%

$449

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$749

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis