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101 Bluebird Lane, Morganton, NC 28655

3 beds • 4 baths • 2365 sqft

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This property looks like a bad Airbnb investment with a projected -14.19% first-year return on $96,477 initial cash invested.

-14.19%

Cash On Cash

2.58%

Cap Rate

0.43

DSCR

$1,841

Rent

-$1,141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,841 income − $2,982 expenses = $1,141 out of pocket

Income$1,841Out of Pocket$1,141Mortgage P&I$1,870102%Property Taxes$1026%Insurance$1267%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,477

Downpayment

20%

$74,740

Closing costs

1%

$3,737

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,841

Total Expenses

$2,982

Mortgage P&I

102%

$1,870

Property Taxes

6%

$102

Home Insurance

7%

$126

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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