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1015 Northview Dr, Sanford, NC 27332

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -10.14% first-year return on $90,051 initial cash invested.

-10.14%

Cash On Cash

3.85%

Cap Rate

0.62

DSCR

$2,400

Rent

-$761

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,400 income − $3,161 expenses = $761 out of pocket

Income$2,400Out of Pocket$761Mortgage P&I$1,76774%Property Taxes$1215%Insurance$1215%Management$36015%CapEx$964%Maintenance$964%Other$60025%

Investment Breakdown

|

Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,051

Downpayment

20%

$68,620

Closing costs

1%

$3,431

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$3,161

Mortgage P&I

74%

$1,767

Property Taxes

5%

$121

Home Insurance

5%

$121

HOA

0%

$0

Property Management

15%

$360

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$600

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