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1000 Brookgreen Dr, Cary, NC 27511

3 beds • 2 baths • 1699 sqft

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This property looks like a bad Airbnb investment with a projected -8.12% first-year return on $117k initial cash invested.

-8.12%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$3,970

Rent

-$789

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,860

Closing costs

1%

$4,693

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,970

Total Expenses

$4,759

Mortgage P&I

59%

$2,353

Property Taxes

8%

$334

Home Insurance

4%

$166

HOA

0%

$0

Property Management

15%

$596

CapEx

4%

$159

Vacancy

0%

$0

Maintenance

4%

$159

Other

25%

$992

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5

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2

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5

4

0.6 mi

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$1,100

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2

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0.9 mi

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$2,850

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5

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0.6 mi

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