REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9612 Mill Grove Rd, Indian Trail, NC 28079

3 beds • 3 baths • 1691 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.38% first-year return on $106k initial cash invested.

-4.38%

Cash On Cash

5.34%

Cap Rate

0.89

DSCR

$3,880

Rent

-$386

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,880 income − $4,266 expenses = $386 out of pocket

Income$3,880Out of Pocket$386Mortgage P&I$2,09154%Property Taxes$1594%Insurance$1544%Management$58215%CapEx$1554%Maintenance$1554%Other$97025%

Investment Breakdown

|

Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,660

Closing costs

1%

$4,183

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,880

Total Expenses

$4,266

Mortgage P&I

54%

$2,091

Property Taxes

4%

$159

Home Insurance

4%

$154

HOA

0%

$0

Property Management

15%

$582

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$970

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis